542 Pacific Avenue, Brookings, OR 97415
- $875,000
- List Price
- $875,000
- Days on Market
- 73
- MLS#
- 220221524
- Property Type
- Multifamily
Property Description
Exclusively presented for sale - Pacific Court Apartments, a well-positioned 8-unit apt complex located in stunning Brookings, OR. As a rare public offering of an attainable and well-located apt complex, Pacific Court presents a unique opportunity ideal for both local investors and especially for out-of-state investors seeking day-one yield. The property includes two separate buildings (single roofline connected via breezeway), a detached garage, and multiple storage sheds. The unit mix ideal for this sub-market, with (7) 1-bed/1-bath units and (1) studio efficiency unit. Additionally, tenants enjoy five beautiful private patios, on-site coin-op laundy facilities, and a well-maintained paved parking lot and easy on-street parking when needed. Sits directly across the street from the the 3 main schools in Brookings, and less than a half-mile to downtown and beach access. Pacific Court is the right combination of location, income quality, and upside. Contact brokers for more info.
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Additional Information
- Year Built
- 1951
- High School
- Brookings-Harbor High
- Elementary School
- Kalmiopsis Elem
- Middle School
- Azalea Middle
- Acres
- 0.34
- Stories
- One
- Subdivision
- N/A
- Property Type
- Residential Income
- Terms
- Conventional, Cash
- Style
- Traditional
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Listing courtesy of Merit Commercial RE, LLC.
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