2000 Gekeler Lane
$5,395,000
Description
2000 Gekeler Lane,
La Grande,
OR
97850
Divorce forcing sale! Country West Apartments are now for sale. Awesome investment being sold at a 5% cash flow on current rents with more room to raise rents and value. Buy now and sell later when the interest rate goes down and make a pile of cash. This apartment complex is one of less than a dozen larger multifamily buildings in La Grande serving the students of Eastern Oregon University. The property is beautifully landscaped and sits at the base of the beautiful Umatilla National Forest with views of the mountains and city of La Grande. These units are always in demand by students and families so call today and take advantage of this great opportunity.
This is an Active listing.
Broker Office Phone Number: 208-672-9000
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Listing By: Keller Williams Realty Boise via Data Source: Intermountain Multiple Listing Service
Central
Schools
Central
Elementary
La Grande
Middle
La Grande
High
Price History
date | price | variance | type |
---|
10/30/2024 | $5,395,000 | 5.35 % | decreased |
9/18/2024 | $5,700,000 | - | Listed |
listing agent: Jared Stasch