125 Gateway Blvd, Cottage Grove, OR 97424

Details
Size20,104 SF
Price$5,500,000
Units37
Actual Cap Rate6.23%
Acres1.28
ZonedR3
mapFlyer

Gateway Apartments are Section 8 housing located in Cottage Grove. A total of 37 units with a mix of (1) 1 bed / 1 bath, (26) 2 bed / 1 bath and (10) 3 bed / 1 bath units. Property includes newer trash compactor reducing annual garbage expense. The complex also includes a basketball court, playground, off-street parking and central laundry. Recent improvements have been made to the interior and exterior of the property. Good location with easy access to I-5 and numerous other amenities within walking distance. Please do not disturb the resident – submit offer to purchase subject to walk-through inspection.

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