119 S Wasson St - Apartments FOR SALE


Coos Bay, OR 97420
$3,750,000 USD
503-559-8513
119 S Wasson St, Coos Bay, OR for Sale
$3,750,000 USD
Apartments - FOR SALE
1/10
null | 6.09% Cap Rate

119 S Wasson St
Coos Bay, OR 97420


HIGHLIGHTS

  • Heavy daytime traffic
  • Close in to local ammenities
  • Open floor plans

OVERVIEW

New construction completed 2025. All units have W/D in unit. Fridgidaire and G&E appliances throughout. The property sits within minutes of downtown Coos Bay, the regional medical center, and U.S. Highway 101, providing direct north–south access along the Pacific Coast corridor. The surrounding area benefits from a diverse economic base anchored by Bay Area Hospital, Southwestern Oregon Community College, the Port of Coos Bay, and tourism-driven retail and hospitality industries. Ongoing investment in the Pacific Coast Intermodal Port project and recent state-backed infrastructure improvements are expected to bring significant long-term job creation and economic growth to the region. Residents enjoy proximity to shopping, restaurants, schools, and outdoor recreation. The Coos Bay waterfront, Mingus Park, and the expansive Oregon Dunes National Recreation Area are all within easy reach, supporting strong quality-of-life fundamentals and making the location attractive for both tenants and investors.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

16

PRICE/UNIT

$234,375

CAP RATE

6.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-2

APN/PARCEL ID

1880500

ASK ABOUT THIS PROPERTY

Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.