Investors, Builders, Entrepreneurs or House Buyers .. Opportunity Awaits in Ashland - Medford Area of Oregon

Investors, Builders, Entrepreneurs or House Buyers .. Opportunity Awaits in Ashland - Medford Area of Oregon

Description:


EXECUTIVE SUMMARY
Investors, builders, entrepreneurs...The Historic Nunan Estate has active approval to finish or construct up to 30 units.

Plans have been approved for overnight accommodations. The setting is beautiful as is, and could easily be used as a family estate, or corporate retreat, but this opportunity is rare to construct and operate the property as a hotel or Airbnb type arrangement.

The grounds are gorgeous which include a 5 car garage, inground pool and spa, full pool house with bathroom and showers. The possibilities are endless.

A complete furnished and equipped restaurant is included at ground level beneath 3 newly constructed/remodeled guest rooms which are currently being rented through Airbnb and other sites.

The overall build out with 30 rentable units would produce a sizeable net income.

PROPERTY FACTS
Price $2,950,000
Building Size 8,684 SF
Price Per Room $368,750
No. Rooms 8
Sale Type Investment
No. Stories 2
Property Type Hospitality
Year Built / Renovated 1892 / 2000
Property Subtype Hotel
Parking Ratio 3.68/1,000 SF
Building Class B
Opportunity Zone No
Lot Size 3.19 AC

Members profile:


Advertised by: Oregon Houses with Big Garages (click here to see full profile)
Average score 8.7 after 7 votesAverage score 8.7 after 7 votesAverage score 8.7 after 7 votesAverage score 8.7 after 7 votesAverage score 8.7 after 7 votes Grade Oregon Houses with Big Garages
Email: Email Advertiser

Ad Details


Garage Spaces (put 0 if this does not apply) 5.00
Property is For Sale
Price $2,950,000 USD
Garage Description 5 Car Detached Garage
Motor Court Yes

...and then there is the House


Bedrooms 8
Bathrooms 8
House Sq. Ft. 8,684
Lot/Parcel Size 3.19 Acres
Lot/Parcel Type Acreage, Buildings and Land
Swimming Pool Yes
Jacuzzi Hot Tub Yes

Unique Sale Issues


Type of Sale Real Estate Agency Sale

Location


Address 635 N Oregon St
City Jacksonville
State OR
Postal Code 97530
Country USA

Call Me!


Phone 541-951-0386
Cell Phone Call and Contact the Listing Agent: JEFF RODGERS Send Email JOHN L SCOTT EUGENE LLC Phone: 541-951-0386; Email: JeffRodgers@johnlscott.com
Ad id: 15533878
Ad views:160
Current rating Average score 7 after 3 votesAverage score 7 after 3 votesAverage score 7 after 3 votesAverage score 7 after 3 votesAverage score 7 after 3 votes Grade

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