1524 SE Honeysuckle Loop - Apartments FOR SALE


Warrenton, OR 97146
$1,500,000 USD
503-741-0007
1524 SE Honeysuckle Loop, Warrenton, OR for Sale
$1,500,000 USD
Apartments - FOR SALE
1/35
null | 6.52% Cap Rate

1524 SE Honeysuckle Loop
Warrenton, OR 97146


OVERVIEW

Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient—just minutes from Costco, Walmart, Home Depot, restaurants and 10–12 minutes to the beach. Warrenton is ideally positioned between Astoria’s vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

6.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,150 SF

ZONING

RH

APN/PARCEL ID

57018

ASK ABOUT THIS PROPERTY

Cheryl JohnsonRealty One Group PrestigeMore Info
503-741-0007

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

Cheryl JohnsonRealty One Group PrestigeMore Info
503-741-0007

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