Courtesy of: Martin Outdoor Property Group, John L. Scott Medford, chris@martinoutdoorproperties.com
Courtesy of: Martin Outdoor Property Group, John L. Scott Medford, chris@martinoutdoorproperties.com
$1,999,999
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Lot: 8.06 Acres
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Multi Family
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$1,999,999
387 Tavis Drive 16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller & the remaining 6 homes are tenant-owned renting the space. The property has a current gross rent of approximately $155, 000 per year and with some further improvement, has the potential for increasing that to over $200, 000/year! Each lot is independent & a new owner could sell off separate lots to create a gain or to tailor the investment to their liking. Located in the heart of Merlin the neighborhood has access to abundant natural beauty & recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting & fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, & plentiful health care options.
Courtesy of: Martin Outdoor Property Group, John L. Scott Medford, chris@martinoutdoorproperties.com
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