162 Napa St, Eagle Point, OR, 97524

Merit Commercial Real Estate is pleased to exclusively present 162 Napa Street a multifamily investment opportunity located in Eagle Point, Oregon (the "Property").

All current tenants are on month-to-month leases with rents below market, providing flexiblity to implement rent increases. Expense splits are standard with the LL providing sewer and water; tenant(s) covering garbage, unit-power, and internet.

Situated on one parcel, the Property features a well-maintained apartment building within an established residential area of Eagle Point, nearly immediately adjacent to Eagle Point High School. Access to the Property is convenient with two-way alleyway access and designated parking spaces for both buildings. The Property also enjoys mature landscaping and greenery.

Currently 100% occupied, the Property benefits from having established long-term tenants and proven cashflow. Located on the 0.23-acre corner lot, the Property includes four units within a two-story building. The unit mix is excellent with (4) 2-bed/2-bath units total, all in good condition, and rear parking for each unit.

The Property is strategically located in close proximity to various amenities including educational facilities, established multifamily/single family neighborhoods and downtown Eagle Point.

The opportunity at 162 Napa Street is clear for investors. The opportunity offers the rare option to purchase a well-maintained fourplex on one parcel.

Prospective buyers should note that the triplex adjacent to the Property could also be purchased either as a package or as an individual sale. The opportunity offers the rare option to purchase a well-maintained triplex and fourplex on two contiguous parcels with diversified and proven income across 7 units.

Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.