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🏢 Just listed — Residential Multifamily for sale in Grants Pass, OR.

📍 2024 Williams Highway, Grants Pass, OR
🏷  Residential Multifamily · For Sale
💰 $2.00M
📈 2.86% cap

Fully entitled 3.59-acre site approved for 46 townhomes on a signalized Williams Highway corner.

<p><strong>Investment Highlights — Williams Highway Assemblage</strong></p><ul><li><strong>Fully entitled & shovel-ready</strong> — 46 attached townhomes approved under Josephine Co

Full financials, photos, and broker contact:
https://commrty.com/property/oregon/grants-pass/sunrise-village-entitled-46-townhome-development-2550202-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=sunrise-village-entitled-46-townhome-development-2550202

#GrantsPass #Multifamily #CommercialRealEstate #CRE #Investment

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Home/OR/Grants Pass

2024 Williams Highway

Grants Pass, OR 97527

Asking Price

$2.00M

Cap Rate

2.86%

Asset Type

Residential Multifamily

Class

Class B

What's Special

Fully entitled 3.59-acre site approved for 46 townhomes on a signalized Williams Highway corner. Investment Highlights — Williams Highway Assemblage<ul><li>Fully entitled & shovel-ready — 46 attached townhomes approved under Josephine County's MHLD process ("Sunrise Village" Tentative Plan, Gerlitz Engineering Consultants, Dec 2024); the complete engineering and city-process record conveys at close. (Seller-represented as approved; buyer to confirm the City's approval letter.)</li><li>The hard work is already paid for — the 12–18 m

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

4.01%

DSCR

0.68

Underwater

Cash-on-Cash

-6.42%

Monthly Payment

$9,870.171

Annual Cash Flow

$-38,442.058

Location & Travel Times

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