Introducing Alderwood Apartments, a well-maintained multifamily community located in the coastal city of North
Bend, Oregon. The property offers residents functional floor plans in a quiet residential setting, supported by on-site
parking and everyday conveniences that cater to long-term renters. Unit interiors feature practical layouts with full
kitchens and ample living space, positioning the asset as a durable workforce housing option in a supply-constrained
coastal market.
The Alderwood Apartments encompass the corner of Maple St. and Virginia Ave near the Airport Heights neighborhood
and Coastguard Air Station in North Bend. This property features two bedroom apartments with additional small
storage units. There are a small number of studio apartments as well. Each apartment is assigned one
dedicated, covered parking space. Conveniently located near the Pony Village mall, movie theater and restaurants.
Alderwood Apartments presents investors with the opportunity to acquire a stable coastal asset with durable demand fundamentals, operational upside, and long-term appreciation potential in a market defined by constrained supply and steady housing need.