Exclusively presented for sale - a rare land assemblage site of 5 adjacent but separate parcels, a first-to-market opportunity in a beautiful sub-market of Grants Pass, Oregon. The Portfolio represents optionality, with a package of 5 standalone homes (mix of SFR/manuf.) across just under 1 acre in a peaceful, quaint setting ~650' to the Rogue River. Ideally positioned for a cohesive ground-up project of either higher density duplexes, higher-end single family, or simply a remodel of the existing assets, the Portfolio provides the rarely seen combination of attainable size and multiple exit options. 4 of 5 homes are currently leased to longer-term tenants, allowing income during the planning and design phase. 1260 Plummer has recent remodels and could provide immediate upside to a buyer. CFEC and HB2001 regulations could allow for higher density development with minimal or no parking reqs - buyer to complete all due diligence. Contact listing brokers today for more info!
Listing courtesy of Merit Commercial RE, LLC.
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