» Capital Improvements Completed The property benefits from meaningful
recent investment, including electrical system upgrades completed in 2025, a
full roof replacement in 2025, and updated exterior siding, reducing near-term
capital needs and improving long-term asset durability.
» Diverse Unit Mix Attracting a Broad Renter Base Offering a balanced mix of
1-, 2-, and 3-bedroom floor plans, the property appeals to a wide demographic
professionals, couples, families, and retirees supporting stable occupancy and
flexible demand. Bayshore Apartments enjoys a highly desirable setting along
West Marine Drive with scenic bay views and immediate access to Astoria's
coastal recreation.
» In-Demand Amenities & Pet-Friendly Community With features such as onsite
laundry, off-street parking, updated appliances, wood-style kitchen flooring,
and a pet-friendly policy, Bayshore delivers amenities that meet modern renter
expectations and increase retention.
» Strong North Coast Market Fundamentals – Located in Astoria Oregon’s oldest
and most storied coastal city the property benefits from a diversified North Coast
economy supported by tourism, healthcare, education, port activity, and marine
industries. Proximity to Seaside and Warrenton further enhances demand, driven
by year-round tourism, regional employment centers, and limited coastal housing
supply. The area’s historic character, outdoor amenities, and coastal lifestyle
contribute to a resilient and consistently desirable rental market.
» Stable Demographics and Growing Lifestyle Migration Astoria continues to
attract new residents seeking coastal living, outdoor recreation, and small-town
charm. Solid median incomes, a balanced household mix, and in-migration from
Portland and other metro areas reinforce ongoing renter demand.
» Compelling Value Proposition in a Tight Rental Market Bayshore Apartments
offers an attractive combination of location, space, and amenities at pricing that
remains competitive within the North Coast market. The property stands out as
a compelling value alternative to newer coastal builds and typically experiences
strong tenant interest.