We Know Boise Real Estate
208-391-4466
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
Listing photo for 2000 Gekeler Lane, La Grande, OR
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2000 Gekeler Lane,

La Grande, OR

$4,995,000

36,028 Sqft

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.

Facts & Features
MLS® # 98901396
Price $4,995,000
Bathrooms 0
Square Footage 36,028
Acres 0.00
Year Built 1972
Type Residential Income
Sub-Type Apartment
Status Active
Community Information
Address 2000 Gekeler Lane
Area Out of Area - 2000
Subdivision 0 Not Applic.
City La Grande
County Union
State OR
Zip Code 97850
Amenities
Utilities Sewer Connected
Parking Spaces 50
Parking Finished Driveway
Is Waterfront No
Has Pool No
Interior
Appliances Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (No Units)
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Lot Description 1 - 4.99 Acres, Dog Run, Sidewalks
Roof Composition
Foundation Crawl Space
Property History

Price Change History for 2000 Gekeler Lane, La Grande, OR (MLS® #98901396)

Date Details Change
Price Reduced from $5,100,000 to $4,995,000 - $105,000 (2.06%)
Status Changed from New to Active –
School Information
District La Grande School District 1
Elementary Central
Middle La Grande
High La Grande
Additional Information
Date Listed February 26th, 2024
Days on Market 37
Foreclosure No
Short Sale No
RE / Bank Owned No
New Construction No
Listing Details
Office Keller Williams Realty Boise
Photo of Lisa Kohl

Lisa Kohl

Office: (208) 391-4466
Cell: (208) 209-3597
Print Contact Agent

2000 Gekeler Lane is a Apartment for sale listing in La Grande, OR 97850. This 36,028 square foot property sits on a 0.00-acre lot and features 0 Bedrooms and 0 Bathrooms. This Residential Income property is listed on We Know Boise in the current status of - Active - and is now priced at $4,995,000. Located in the 0 Not Applic. subdivision, this property was built in 1972. Nearby schools include Central, La Grande and La Grande. For questions or to schedule a showing, contact your local La Grande real estate agent at (208) 391-4466.

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Listing information last updated on May 4th, 2024 at 8:52am MDT.