1900 Sunrise Way, Central Point, OR 97502

$3,522,000
Property Type: Residential Income Lot Size (sq. ft.): 94,525 Status: Closed
Current Price: $3,522,000 List Date: 1/02/2015 Last Modified: 5/27/2026

Overview

Description

Bank owned Multi-Family Complex! Good occupancy history, rents recently raised. Enjoy strong net operating income for this Central Point Apartment complex. 48 units, priced at $76,000 per unit. 2 bedroom, 2 bath flats. 950 square feet with private deck/patio included. Each unit includes range, refrigerator, washer/dryer and carport. Rents are currently between $725 and $750 per unit.

Listing Details MLS# 102952365

General Property Information

Property Sub Type
Multi Family
# of Units Total
48
Year Built
2000
Elementary School
Jewett Elem
Middle Or Junior School
Scenic Middle
Zoning
R-3
Tax Annual Amount
49549.53
Tax Year
14
Assessment YN
No
CC&R's YN
Yes
Sign On Property YN
No

Property Features

Construction Materials: Frame Cooling: Wall/Window Unit(s) Foundation Details: Concrete Perimeter Heating: Electric; Wall Furnace; Other Levels: Two Roof: Composition Additional Features: Common Area; Separate Electric Meters Flood: N/A Sewer: Public Sewer Water Source: Public Documents on File: Profit and Loss Statement; Rental Agreement; Schedule of Tenants Listing Terms: Cash; Conventional Special Listing Conditions: Real Estate Owned

Location Tax and Legal

Street Number
1900
Street Name
Sunrise
Street Suffix
Way
County
Jackson
State
OR
Postal Code
97502

Contract Information

Original List Price
3650000
Listing Contract Date
2015-01-02

Remarks and Miscellaneous

Public Remarks
Bank owned Multi-Family Complex! Good occupancy history, rents recently raised. Enjoy strong net operating income for this Central Point Apartment complex. 48 units, priced at $76,000 per unit. 2 bedroom, 2 bath flats. 950 square feet with private deck/patio included. Each unit includes range, refrigerator, washer/dryer and carport. Rents are currently between $725 and $750 per unit.
Directions
East Pine to 10th Street. Right on Sunrise Way. Apartments are at the end of the culdesac.

Status Change Information

Close Date
2015-12-23
Under Contract Date
2015-06-01
Status Change Timestamp
2015-12-23
Close Price
3522000

More Information

Parking Details

# of Carports
48
Listing Office: RE/MAX Platinum
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.