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.
Listed By
Agency Name: Walker Family Development Inc
Agency Phone: 541-954-8588
Shown By
Agent Name: Tina Roberts Broker
Agent Phone: (541) 419-9022
Agency Title: Bend Premier Real Estate
Estimated Payment
$ 7,863.50 per month $7,079.16 Principal & Interest $376.00 Property Tax $408.33 Homeowner's InsuranceSend an email with a link to
287 W 5th Ave, Junction City, OR 97448.
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287 W 5th Ave, Junction City, OR 97448.
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287 W 5th Ave | MLS# 244936370
This multi-family property located at 287 W 5th Ave, Junction City, OR 97448 is currently listed for sale with an asking price of $1,400,000. Search Junction City real estate on tinaroberts.bendpremierrealestate.com today.