Stacy Ellingson - Principal Broker
Principal Broker
REALTOR®, GRI,e-PRO,PSA,AHWD,C2EX,CREIPS,NCREA
(541) 591-4322
BEDS0
BATHS
SQUARE FEET5,075
MLS#220221524
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless, Wall/Window Unit(s), Other
Heating: Ductless, Electric
Home Style: Traditional
Lot Size: 0.34 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $2,268
Year Built: 1951
Feature Descriptions
Exterior: Frame
Sewer: Public Sewer
Units: 8
Local Schools
High School: Brookings-Harbor
Middle School: Azalea
Elementary School: Kalmiopsis
Listed By / Shown By
Listed By
Agency Name: Merit Commercial RE, LLC
Shown By
Agent Name: Stacy Ellingson - Principal Broker
Agent Phone: (541) 591-4322
Agency Title: Fisher-Nicholson Realty LLC
Estimate Your Payment
Estimated Payment
$ 5,160.24 per month $4,716.03 Principal & Interest $189.00 Property Tax $255.21 Homeowner's InsuranceChange Payment Information
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542 Pacific Avenue | MLS# 220221524
This multi-family property located at 542 Pacific Avenue, Brookings, OR 97415 is currently listed for sale with an asking price of $875,000. Search Brookings real estate on stacyellingson.fnrhomes.com today.