Divorce forcing sale! Country West Apartments are now for sale. Awesome investment being sold at a 5% cash flow on current rents with more room to raise rents and value. Buy now and sell later when the interest rate goes down and make a pile of cash. This apartment complex is one of less than a dozen larger multifamily buildings in La Grande serving the students of Eastern Oregon University. The property is beautifully landscaped and sits at the base of the beautiful Umatilla National Forest with views of the mountains and city of La Grande. These units are always in demand by students and families so call today and take advantage of this great opportunity.
Property Details
Property Features
Property Information:
Year Built: 1972
Living Area: 36,028 SqFt
Listing Office:
Office Name: Keller Williams Realty Boise
Office Phone: (208) 672-9000
Listing Agent: Jared Stasch
Exterior Features
Parking Information:
Parking: Finished Driveway
Lot Features
Lot Information:
Lot: Sidewalk
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: Take exit 265 toward US-30/OR-203/La Grande/Union. Go for 0.3 mi. Then 0.3 miles Turn left onto Highway 203 (US-30). Go for 2.8 mi. Then 2.8 miles Turn left onto 18th St. Go for 0.5 mi. Then 0.5 miles Turn right onto Gekeler Ln. Go for 0.3 mi.
Price Information
Listing Price Info
Price Summary:
List Price: $5,395,000
Price Per SqFt: $150/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in La Grande, OR.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$26.9K
Per Month
Principal & Interest
$26.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Greenwood Elementary School
2300 N Spruce St
Distance between this listing and this school0.89 miles
Public District Grades 1-5
6
/10
Central Elementary School
701 H Ave
Distance between this listing and this school1.32 miles
Public District Grades 1-5
7
/10
Island City Elementary School
10201 W 4th St
Distance between this listing and this school2.77 miles
Public District Grades 1-5
Nearby Schools
6
/10
La Grande Middle School
1108 4th St
Distance between this listing and this school1.18 miles
Public District Grades 6-8
3
/10
Stella Mayfield Elementary / Middle School
1111 Division St
Distance between this listing and this school18.02 miles
Public District Grades PK-8
Nearby Schools
7
/10
La Grande High School
708 K Ave
Distance between this listing and this school1.21 miles
Public District Grades 9-12
8
/10
Imbler Charter School
6th & Esther Ave
Distance between this listing and this school10.91 miles
Public Charter Grades KG-12
7
/10
Cove Charter School
803 Main St
Distance between this listing and this school14.63 miles
The neighbors living near this home have an average income of $54,620. The most common annual income of people living in La Grande, OR is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2000Gekeler Lane
What is the listing price of this property?
The listing price of 2000Gekeler Lane property is $5,395,000.
What type of property is this?
The property 2000Gekeler Lane is a condo located in La Grande, Oregon, 97850.
Is this property for sale now?
Active Listing: 2000Gekeler Lane is For Sale (Active/New) which means the seller is accepting offers.
What is the square footage of this property?
The property 2000Gekeler Lane is 36,028 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2000Gekeler Lane is 1972.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2000Gekeler Lane in La Grande, OR and zip code 97850 in the Riverside neighborhood. This 36,028 square foot home was built in 1972. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $5,395,000.
While more than 0 listings in La Grande, OR in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in La Grande, OR between September 2024 and October 2024 increased by 2%. Listings spent 41 days on the market in October 2024, and had a median list price of $310,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings with this icon are © 2024 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, 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.
Extreme Sports
Extreme Sports
NASCAR
Figure Skating
Academy Sports & Outdoors
Dollar General
Kmart
Little Caesars
Cracker Barrel
Bob Evans
Chevrolet
Ram
Buick
Country
Oldies