Unknown Subdivision
Property • MultiFamily
Web ID # 797693868
$1,600,000.00
0 Beds • 0 Baths
Property Features
Regional Multiple Listing Service, Inc.
Exceptional Investment Opportunity – 10-Unit Complex in the Heart of Newport!Discover a rare opportunity to own a well-maintained 10-unit apartment complex ideally situated in the heart of Newport. Each 1-bedroom, 1-bathroom unit features a refrigerator, electric range/stove, and private back deck—perfect for tenants seeking comfort and convenience near coastal amenities. The property offers 6 covered carports plus 4 additional parking spaces, along with an on-site laundry facility for tenant ease. Property includes 3 storage spaces: the biggest one is 17'x28'; 2nd is 8'x12', and the 3rd is 8'x9'. Just a few blocks from Nye Beach. Rent includes water and garbage services, a 6.5% cap rate and a strong history of full occupancy, this is a proven income-producing property that rarely sees turnover.
Hwy 101 to 8th
Dwelling Type: MultiFamily
Subdivision: N/A
Year Built: 1976, County: US
Hwy 101 to 8th
Listing is courtesy of RE/MAX Integrity
