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Listed by RYAN BRUSH • SMI REAL ESTATE • 503-559-1444

$ 5,950,000

Est. payment -/mo

Save

Price Dropped by $800K

125 Gateway Bl Cottage Grove, OR 97424

83 Beds

37 Baths

20,104 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 20,104 sqft

Price per Sqft $295

MLS Listing ID 824647

Bedrooms 83

Year Built 1972

Annual Tax Amount $35,069

Tax Year 2024

Lot Size 2.490 Acres

Acres 2.49

Property Sub-Type Multi- (5+)

Property Description

Unique opportunity for an investment property. Gateway Apartments are Section 8 housing in Cottage Grove. Includes basketball court, playground, off-street parking and central laundry. Improvements made to interior and exterior. Please do not disturb the residents 7 tax lots for 2.49 acres total (1004736, 1006368, 1006376, 1006384, 1006392, 1006400, 1008588)

Location

State OR

County Lane

Area Os Outside 4 County Area

Rooms

Dining Room Area (Combination)

Interior

Hot Water Gas

Heating Electric

Flooring Wood

Laundry Laundry Center

Building

Sewer City

Water City

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124