2000 Gekeler Ln, La Grande, OR 97850
FOR SALE2.53 ACRES

2000 Gekeler Ln
La Grande, OR 97850

  • Studio
  • 36,028 sqft (on 2.53 acres)
  • Studio
  • 36,028 sqft (on 2.53 acres)

$4,995,000

Est. Mortgage $30,080/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This is a beautiful property being offered at a 7.4% cap rate. Current rents on average are $105 below the market rent of $1,200. The sellers are leaving meat on the bone for the next investor. The Country West Apartments contains 41 units, all two bed 1 bath units. Most units have a patio with an attached storage unit. There is a laundry room and a fitness room for tenants to use. The property also has a fenced pet area in back. The roof was replaced 8 years ago along with new paint on the exterior and landscaping that won the reward for best landscape in La Grande. All landscaping has automated sprinklers and a drip system. The best part is the professional manager who is not afraid to push rents to new levels. Listing agent is related to both sellers.

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$139
Listed
63 days ago

Home Details for 2000 Gekeler Ln

Active Status

MLS Status: Active

Interior Features

Dimensions and Layout
Living Area: 36028 Square Feet
Appliances & Utilities
Utilities: Sewer ConnectedAppliances: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)Laundry: Washer/Dryer Hookups (No Units)
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Windows, Doors, Floors & Walls
Flooring: Laminate, Vinyl
Levels, Entrance, & Accessibility
Floors: Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: CompositionFencing: PartialExterior: Dog RunFoundation: Crawl Space
Parking & Garage
Has Open ParkingParking Spaces: 50Parking: Driveway

Days on Market

Days on Market: 63

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Wood Siding
Property Information
Parcel Number: 03S3808DC01100

Price & Status

Price
List Price: $4,995,000Price Per Sqft: $139

Location

Direction & Address
City: La Grande
School Information
Elementary School: CentralElementary School District: La Grande School District 1Jr High / Middle School: La GrandeJr High / Middle School District: La Grande School District 1High School: La GrandeHigh School District: La Grande School District 1

Agent Information

Listing Agent
Listing ID: 98901396

Building

Building Area
Building Area: 36028 Square Feet

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 2.5253 Acres

Compensation

Buyer Agency Commission: 1Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 98901396
Last check for updates: about 12 hours ago
Listing courtesy of Jared Stasch, (831) 566-3213
Keller Williams Realty Boise
Source: IMLS, MLS#98901396

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03/26/24
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3
1,831
0.48
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$98,000
03/13/24
-
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1.54
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87
56
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2,050

What Locals Say about La Grande

  • Jane Goode
    "I work from home so it’s fabulous . We don’t have traffic troubles here. To any shopping is 5-10 minutes "
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  • Kate N.
    "Easy commute. Traffic lights and stop signs en route. Traffic does not slow down my commute. Several routes to get to work."
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  • Jme_kay
    "Lots of dog owners live in this area. Dogs are generally accepted. I don’t have any neighbors that don’t have one or two. "
    2
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  • Aloveallmine
    "We moved to La Grande from a large city in Texas a few years ago. We love the small town feel, we can walk to the store or to the theater or the shops and restaurants in down town. I thought I would miss the big city life, but there is a ton of stuff to do here and we feel safer with our kids here too. "
    1
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  • Stacy I.
    "dogs are everywhere and welcome even in businesses. it's a very dog friendly place. the friendly ones are offleash."
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  • Starlasamuel
    "we have neighborhood potlucks and a huge halloween event downtown where all the kids come out in their costumes for candies. all in all a very friendly neighborhood"
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  • Eliander Y.
    "Safe and best for family. Everyone looks for each other. Everything is within walking distance. The town is a really safe place to walk in and it is a one of the lowest crime rate down. "
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  • Jme_kay
    "People are friendly and we all like to spend time together. There are lots of families and college age but we all get along. "
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  • Trulia User
    "There are a lot of families with dogs in the neighborhood and we always meet new people walking with our dog. "
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  • Fazila_abdullah
    "They have to clean after their dogs Cause some times I see their mess every where and it’s very big issue for the playgrounds"
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  • Sophia S.
    "Nothing really it’s just quiet which is nice but the neighbors are nosy and constantly make it a struggle for us"
    4
    Flag
  • Dallas S.
    "I’ve lived in my neighborhood for a year and found that it’s typically pretty loud. People are polite for the most part, but the college students aren’t very respectful of others."
    1
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  • Denise J.
    "Quiet and centrally located. Close to Eastern Oregon University. Within walking distance to schools for all students."
    1
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  • autumnrosebend
    "Great community, university, arts & entertainment, farmers market, outdoor recreation"
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LGBTQ Local Legal Protections

Jared Stasch, Keller Williams Realty Boise
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.
Information provided by IMLS is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2000 Gekeler Ln, La Grande, OR 97850 is a studio, 36,028 sqft multi-family built in 1972. This property is currently available for sale and was listed by IMLS on Feb 26, 2024. The MLS # for this home is MLS# 98901396.