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230 Grant St
Ashland, OR 97520
Hillview Condominiums · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Seller Financing Available
- Five and Ten-Year Terms
- Variable Rates Starting at 2.5%
Executive Summary
Rare ten-unit investment available within the Hillview Condominium development near parks, downtown entertainment, and Asante Ashland Community Hospital. Seller financing available with variable interest rates starting at 2.5% for up to six years. Units range from 1,034 to 1,174 SqFt – each with two bedrooms and one full bathroom, open living and dining area, high ceilings, kitchen with granite tile counters, and all appliances included. Ground-level units with fully fenced private backyard and poured concrete patio. Average tenant occupancy of four years with current rent amount of $1,460. Association dues cover all exterior building maintenance – including roof, siding, and paint – along with 1.55 acres of common area landscaping with mature trees, plantings, and grass lawn. Inquire with agents to access additional due diligence and association documents, rent roll, P&Ls, amortization schedules, and proformas with capitalization rates up to 6.31% within five-year period.
Property Facts
| Price Per Unit | $410,913 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 2.82% | Building Size | 11,208 SF |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 2 |
| No. Units | 10 | Year Built | 2003 |
| Property Type | Multifamily | Parking Ratio | 0.89/1,000 SF |
| Property Subtype | Apartment | Cross Streets | N Main St |
| Apartment Style | Townhome | ||
| Zoning | R-2 - R-2 zoning district is designated for residential areas suitable for urban living, specifically designed for intermediate residential densities. | ||
| Price Per Unit | $410,913 CAD |
| Sale Type | Investment |
| Cap Rate | 2.82% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 11,208 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 0.89/1,000 SF |
| Cross Streets | N Main St |
| Zoning | R-2 - R-2 zoning district is designated for residential areas suitable for urban living, specifically designed for intermediate residential densities. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Yard
- Breakfast Nook
- Double Pane Windows
- Garden
- Lawn
- Office
- Patio
- Porch
- Smoke Free
- Large Bedrooms
Site Amenities
- Courtyard
- Picnic Area
- Recycling
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,993 CAD | 1,034 - 1,174 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $4,113,431 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,113,431 CAD
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