2 months on rocket

2000Gekeler Lane, La Grande, OR, 97850

$5,395,000

0 Baths
36,028 SqFt
$150/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingFinished Driveway
Year Built1972
HeatingWall Furnace
CoolingNone
MLS #98924265
StatusActive

About 2000Gekeler Lane

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
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Housing Market Comparison

See how this home compares to others in La Grande, OR.

Med. Sold Price

$310K

Med. Price/SqFt

$185

Avg. Days On Market

66

# of Sold Homes

4

2000Gekeler Lane vs La Grande

75 DAYS ON ROCKET

+9 Days

$5,395,000

+$5.0M More

$150/SqFt

-$35 Less

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price and $35/SqFt less than other homes in La Grande, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IMLS 2
  • MLS Number: #98924265

Listing Office:

  • Office Name: Keller Williams Realty Boise
  • Office Phone: (208) 672-9000
  • Listing Agent: Jared Stasch

IDXListings 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$26.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.2K

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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.

Nearby Schools

school-card-donut-3484940
4
/10
  • Greenwood Elementary School

  • 2300 N Spruce St

  • 0.89 miles

  • Public District Grades 1-5

school-card-donut-3484941
6
/10
  • Central Elementary School

  • 701 H Ave

  • 1.32 miles

  • Public District Grades 1-5

school-card-donut-3484942
7
/10
  • Island City Elementary School

  • 10201 W 4th St

  • 2.77 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,620. The majority of La Grande, OR residents have income between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

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.
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Rocket HomesOregonUnion CountyLa Grande978502000Gekeler Lane

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.

In November 2024 more than 2 listings in La Grande, OR were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in La Grande, OR decreased by 17% between October 2024 and November 2024. The median list price of listings available in November 2024 was $310,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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