Investors, Builders, Entrepreneurs or House Buyers .. Opportunity Awaits in Ashland - Medford Area of Oregon
This ad is marked as Sold
Description: |
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| SOLD on April 9, 2021 for $2,350,000 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 |
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Members profile: |
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| Advertised by: | Oregon Car Property (click here to see full profile) |
| Email: | Email Advertiser |
Ad Details |
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| Garage Spaces (put 0 if this does not apply) | 5.00 |
| Property is | Sold |
| Price: | $0 USD |
| Price Info | SOLD on April 9, 2021 for $2,350,000 |
| Motor Court | Yes |
...and then there is the House |
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| Bedrooms | 8 |
| Bathrooms | 8 |
| House Sq. Ft. | 8,684 |
| Jacuzzi Hot Tub | Yes |
| Swimming Pool | Yes |
| Lot/Parcel Type | Buildings and Land, Acreage |
Unique Sale Issues |
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| Type of Sale | Real Estate Agency Sale |
Location |
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| Address | 635 N Oregon St |
| City | Jacksonville |
| State | OR |
| Postal Code | 97530 |
| Country | USA |
Call Me! |
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| 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 |
| Region: | |
| Views: | 1571 |