Property Listing No Longer Available for Sale

2981-3003 State Street, Medford, OR

Multi-family for Sale - 89,644 Sq. Ft. on 4.8 acres


Property Info

CIMLS#960915
Location
  2981-3003 State Street
  Medford OR 97504
UpdatedJuly 28th, 2017
TypeMulti-family
PriceUpon Request
Building89,644 Sq. Ft.
Land4.8 acres

Property Description

07/26/17 Pending

A peaceful countryside atmosphere with natural and designed landscaping. Close to transportation, shopping and medical services. There are 101 rental units in 19 buildings. There are 410 businesses and 8532 employees within 5 minutes drive time of the complex. 77.8 percent of those employees are in health services. The property has been upgraded with Hardi Plank siding and double pane windows, and Southern Oregon Rental Association vacancy in the market is 1.7 percent. Renting at approximately $.80 per square foot per month. these are very competitive units for the market place. Private enclosed patios, swimming pool, open parking with 171 spaces. A mix of units from 592 to 1309 square feet. All units have patios, decks or balconies, private outside entrance, carpet & vinyl or laminate flooring.


Financials