Remarks

This property is located in the heart of downtown LaGrande Oregon on Highway 30. Exceptional investment property that features a 9-unit motel along with a residential home to be used as owner occupancy or on-site manager. The main residence has 2 bedrooms, 1 bath, with many upgrades to the kitchen. Five of the units are equipped with kitchenettes, allowing the guest to have the options of preparing meals. Eash of the 9 motel units range from 200 to 400 square feet in size. Currently 7 out of 9 units are generating a monthly income of $6265.with the remaining 2 units undergoing renovation. This motel is situated right across the street from Safeway and a short distance to restaurants and shopping, parks, Eastern Oregon University, and Grande Ronde Medical Center.

Details

MLS#: 449051725
Price: $1,200,000

Style: Hotel/Motel
Sq Ft: 3744
Year Built: 1950

County: Union
Tax Fee: 4262.2799999999997