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2000 Gekeler Lane, La Grande, OR 97850

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For Sale

$4,995,000

36,028 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $138.64
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This is a beautiful property being offered at a 7.4% cap rate. Current rents on average are $28 below the market rent of $1,200. The sellers are leaving meat on the bone for the next investor. The Country West Apartments contains 41 units, all two bed 1 bath units. Most units have a patio with an attached storage unit. There is a laundry room and a fitness room for tenants to use. The property also has a fenced pet area in back. The roof was replaced 8 years ago along with new paint on the exterior and landscaping that won the reward for best landscape in La Grande. All landscaping has automated sprinklers and a drip system. The best part is the professional manager who is not afraid to push rents to new levels. Listing agent is related to both sellers.
MLS# 98901396

Courtesy Of Keller Williams Realty Boise

(208) 672-9000

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer, Garbage Disposer, Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Laminate, Vinyl
  • Heating System
    Central Furnace
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 2000 Gekeler Lane, La Grande, OR 97850

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(971) 205-6509
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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