1930 Maple St - Apartments FOR SALE


North Bend, OR 97459
$4,700,000 USD
541-525-6907
1930 Maple St, North Bend, OR for Sale
$4,700,000 USD
Apartments - FOR SALE
1/7
null | 7.12% Cap Rate

1930 Maple St
North Bend, OR 97459


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

44

PRICE/UNIT

$106,818

CAP RATE

7.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alderwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

RM

APN/PARCEL ID

1005781500

ASK ABOUT THIS PROPERTY

Isaac Grant, CCIMCW Walker & AssociatesMore Info
541-525-6907

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Isaac Grant, CCIMCW Walker & AssociatesMore Info
541-525-6907

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