$ 1,400,000
-
$1,400,000
Price -
72
Bed -
24
Bath -
0
SqFt
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About the Listing 5WAL01 - WALKERCL
An exceptional opportunity to acquire a high-performing income property in the heart of downtown Junction City. This permitted triplex offers a unique investment model that maximizes rental income by leasing 12 individual bedrooms rather than the three units as traditional apartments. This is a rare, income-maximized, engine generating, nearly $8,700/month in gross rents. This concept not only helps maximize the property's income stream, but minimizes the vacancy loss as well if a tenant moves out, you still have 11 others still paying. This model is so effective and keeps occupancy so high because of housing affordability and the high demand of low-income renters in the Junction City area. Leasing individual bedrooms rather than whole units — producing gross revenues substantially above what traditional unit-by-unit rental would yield in this submarket. With Junction City positioned as an affordable alternative to Eugene's tightening rental market, demand for individual rooms is strong and growing. 100% Occupied — Day-One Cash Flow. Tenants pay all utilities. No lease-up risk. No vacancy stabilization period. A buyer steps into a fully tenanted, fully performing asset from closing day forward.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
244936370
Year Built
1905
Total Square Footage
0
Lot/Acreage
0.14
Interior Details
- Bedrooms: 72
- Bathrooms: 24 Full
- Appliances:
- Air Cond:
- Heating: Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: C2
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
Financial Details
- Tax Amount: $4,512
- Taxes w/Assessments: N/A
- Tax/Property ID: 0016236
- Tax Year: N/A
Payment Calculator
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Questions About..
287 W 5th Ave Junction City, OR 97448
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