2340 S 6th St, Klamath Falls, OR 97601

Scott King and Caspian Hoehne of Merit Commercial Real Estate represented the Seller in the sale of 2340 S 6th Street - a ±3,240 SF single tenant net leased medical building in Klamath Falls. The Property featured a recently improved medical office building and a longstanding tenant with a true 8% cap rate at the time of sale. ‍

The Challenge: The sale presented challenges including post-closing negotiations due to supply shortages, contractual complexity (including assignment of leases and addendums), as well as overall market conditions within Klamath Falls and the medical office sector. Each challenge required additional coordination and due diligence to ensure the Property and the transaction itself met expectations of both Parties. ‍

Merit's Process: Merit Commercial Real Estate concentrated its efforts on marketing the Property with visually stunning and useful marketing collateral as well as market-informed specialized knowledge. West Coast / regional online reach was critical, as the majority of the buyer pool for this asset is for out-of-state investors seeking high-yield investment properties in growth markets.

‍The Result: The transaction closed in an-cash deal in August 2025 for $1,375,000 after only 14 days on market.