SOLD | 220 N 8th St, Cottage Grove, OR 97424
220 N 8th St Apartments are nestled in the picturesque Willamette Valley, within the city of Cottage Grove, Oregon. This idyllic town is renowned for its lush natural beauty, with stunning forests, meandering rivers, and an abundance of outdoor recreational opportunities.
Residents of 220 N 8th St. enjoy a slower pace of life while still having access to essential amenities, making it an ideal place to call home. If you are an investor looking for a creative deal with upside potential in rents and appreciate the natural splendor and sense of community that the Pacific Northwest offers, this could be an opportunity for you.
In the last year, the property has undergone full renovations of 10 out of 12 units, with tenants vacating during the process. You’ll now find new appliances, flooring, bathrooms, vanity mirrors and sinks, cabinetry, paint, and several units had drywall and ceilings redone. Roofs were replaced in 2018 and 2020, respectively.
SMI Real Estate, Ryan Brush Broker Licensed in the State of Oregon represented the Seller in this transaction and Patrick Mulhern Broker Licensed in the State of Oregon represented the Buyer in this transaction.