1680 Ivy St, Junction City, OR 97448

JC Plaza, located in north Junction City is zoned General Commercial. Property features Hwy 99 frontage exposure and has plenty of off street parking. Commercial building has 4 updated one bedroom apartments that are continually rented. Three commercial office spaces located on the ground floor with 500 sq. ft. each. Each office space has individual furnaces with A/C and meters. Building was built in 1991 with a remodel completed in 2010. Small laundromat is turnkey and income producer. Back of property has 8 full hook up RV spaces with water, sewer, power, phone and satellite TV. Seller moving up into Multi-Family Property, willing to do cash out or exchange. Property has lots to offer and generates positive cash flow. * 2011 Income: $72,617* Expenses: $29,676* Net Income: $42,941* 2012 Projected Net Income: $33,400* Average Net of 2011 & 2012: $38,170* Just under 9% Cap* Upside: 3 office spaces vacant, have possible tenant for one office now