29940 Harbor Way - Apartments FOR SALE


Gold Beach, OR 97444
$2,200,000 USD
541-373-6333
29940 Harbor Way, Gold Beach, OR for Sale
$2,200,000 USD
Apartments - FOR SALE
1/48
null | 5.4% Cap Rate

29940 Harbor Way
Gold Beach, OR 97444


HIGHLIGHTS

  • Near local shopping
  • Near local beaches and the Rogue River

OVERVIEW

Located near the Port of Gold Beach and just minutes from local shopping, Oregon’s scenic coastal beaches, and the world-famous Rogue River, this recently developed and rare 8-home multifamily complex offers an outstanding investment opportunity on the Southern Oregon Coast. Commercially zoned with the possibility to build two additional homes, this property provides both immediate cash flow opportunities and future development upside. The existing homes may be used as short-term rentals, making this an attractive option for investors seeking strong income potential and long-term portfolio stability. Whether you're looking to expand your real estate holdings or secure a unique coastal income property, this versatile complex is ideally positioned with exceptional potential. Approximately $150,000 gross income per year with the ability to increase or operate short term rentals for a higher return on your investment.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$443 USD /SF

# OF UNITS

8

PRICE/UNIT

$275,000

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Way Cottages

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

4C

APN/PARCEL ID

R19816

ASK ABOUT THIS PROPERTY

Ray WarrenRE/Max Ultimate Coastal PropertiesMore Info
541-373-6333

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Ray WarrenRE/Max Ultimate Coastal PropertiesMore Info
541-373-6333

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