158 Mountain Ave, Ashland, OR 97520

6 Unit Apartment Building | $975,000 ($162,500/Unit) | 6% Cap Rate | Ashland, OR 97520

Asking Price $975,000

Property Type: Multifamily
Square Feet: 2,368 SF

Listing Contacts

Property Info

Property Overview

The Cottages and Studios at Beach Creek offer a unique Co-housing/multigenerational living opportunity with a high walkability rating and multimodal transportation options in desirable Ashland, Oregon. This design is perfect as an investment or combine with others to create the ultimate co-housing living environment. Five individual living units - a 1 bedroom 1 bath ADU w/private kitchen, 4 studios including a 2-bedroom 1 bath unit each equipped with kitchenettes, full bathroom, washer/dryer, private patio/entry, and access to a common kitchen and shared electric vehicle. The three studio units are equipped with a murphy bed. The two bedroom unit has bedrooms upstairs and living room downstairs. Built by KDA Homes, this home features generous use of windows for maximum natural light, solar panels, metal roofing, aging in place features such as no steps at main entry, wide hallways and doors, Daiken mini splits for heating and cooling, community garden and fantastic views.

Property Details

Class: C
Year Built: 2023
Stories: 2
Units: 6

Highlights

Close to Southern Oregon University

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