Description
Exclusively presented for sale - 162 & 166 Napa Street, two 1996-built apartment buildings in Eagle Point, OR. Situated in a quiet residential neighborhood directly next to Eagle Point High School, the side-by-side fourplex (162) and triplex (166) offer a total of (7) large 2-bed/2-bath units, plus three attached garages beneath Unit C in the triplex, with additional alley-accessed parking spaces. 166 Napa, Unit A, located on the first floor, is currently vacant, creating an immediate owner-occupant opportunity or near-term lease-up potential. Existing tenants are on MTM leases with below-market rents, providing flexibility for future rent growth. Landlord currently provides water and sewer; tenants pay garbage, unit power, and internet. Individual buildings are also available on a standalone basis - 162 Napa MLS #220229276 and 166 Napa MLS #220229275. Contact brokers for more info!
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0BEDS
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0.41ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Exclusively presented for sale - 162 & 166 Napa Street, two 1996-built apartment buildings in Eagle Point, OR. Situated in a quiet residential neighborhood directly next to Eagle Point High School, the side-by-side fourplex (162) and triplex (166) offer a total of (7) large 2-bed/2-bath units, plus three attached garages beneath Unit C in the triplex, with additional alley-accessed parking spaces. 166 Napa, Unit A, located on the first floor, is currently vacant, creating an immediate owner-occupant opportunity or near-term lease-up potential. Existing tenants are on MTM leases with below-market rents, providing flexibility for future rent growth. Landlord currently provides water and sewer; tenants pay garbage, unit power, and internet. Individual buildings are also available on a standalone basis - 162 Napa MLS #220229276 and 166 Napa MLS #220229275. Contact brokers for more info!
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