166 Napa St, Eagle Point, OR, 97524

Merit Commercial Real Estate is pleased to exclusively present 166 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.

Situated on a 0.18 acre lot, the Property features a newer vintage ±3,121 SF two-story triplex with three attached garages located under Unit C in addition to alleyway parking.

The unit mix includes (1) 2-bed/2-bath unit on the first floor and (2) 2-bed/2-bath units on the second floor. It should be noted that Unit A, located on the first floor, is currently vacant, allowing an owner-occupant to immediately step into a large, quiet unit.

The opportunity at 166 Napa Street is clear for investors. The opportunity offers the rare option to purchase a well-maintained triplex on one parcel.

Prospective buyers should note that the fourplex 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.