3007 SW University Rd, Grants Pass, OR 97527

Exemplary investment opportunity in a beautiful, well-kept duplex in Horizon Village! All units are wheelchair accessible, check out horizonvillage.com for community info. A wonderful and friendly place to retire! Ring Doorbells on both units. 4K Security cameras are installed outside. New carpets, paint, fixtures, blinds. New AC/Heat system, refrigerators and washing machine. Low Energy bills. New sink and faucet fixtures in Kitchen and Bath. Duplex is like new. HOA fee covers water, drip irrigation, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. New 6' Vinyl fencing for privacy. 30 Yr. Roof has been maintained annually. Gross income is $33,240 with $25,680 net after HOA, Insurance, Taxes, City Sewer. The cap rate on the net is 5.4% and 6.9% on Gross income. Vacancy rate is almost nonexistent in Horizon Village with an ongoing waiting list. The new price adjustment recognizes desired cap rates. SELLER MOTIVATED