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Multifamily

Dean St Apartments

907 N Dean St, Coquille, OR 97423

Listing Price: $1,115,000

Cap Rate
8.01%
Number of Units
12
GRM
7.37
Occupancy
95.0%
Price/Unit
$92,917

Investment Overview

The Rhoades Group of Marcus & Millichap is pleased to present Dean Street 12. This twelve-unit building in Coquille, Oregon, is a prime investment opportunity in a growing market. Each unit features one bedroom plus an office/den, making them highly versatile and appealing to a range of tenants, including remote workers and small families. The property has been well-maintained, with significant upgrades that enhance its long-term value. The roof was replaced in 2019, ensuring durability and reduced future
maintenance costs, while the electrical system has been updated to circuit breakers with individual metering for each unit, providing convenience and energy efficiency for both tenants and owners.

An added advantage of this property is that 9 of the 12 units are master leased, offering consistent, reliable income with minimal management effort. This arrangement reduces tenant turnover and maintenance demands, making it an ideal investment for those seeking a low-management, high-yield property in a desirable and growing rental market.

Investment Highlights

  • Twelve Unit Asset - All One Bedrooms with Additional Den/Office
  • Located in Coquille, Oregon - Offers Peaceful Small Town Setting with Access to Growing Coos Bay/North Bend
  • Exterior Wraparound Decks Offer Expansive Resident Outdoor Space

Exclusively Listed By

Financing By

Multifamily

Dean St Apartments

Listing Price: $1,115,000

Cap Rate
8.01%
Number of Units
12
GRM
7.37
Occupancy
95.0%
Price/Unit
$92,917

Investment Highlights

  • Twelve Unit Asset - All One Bedrooms with Additional Den/Office
  • Located in Coquille, Oregon - Offers Peaceful Small Town Setting with Access to Growing Coos Bay/North Bend
  • Exterior Wraparound Decks Offer Expansive Resident Outdoor Space

Investment Overview

The Rhoades Group of Marcus & Millichap is pleased to present Dean Street 12. This twelve-unit building in Coquille, Oregon, is a prime investment opportunity in a growing market. Each unit features one bedroom plus an office/den, making them highly versatile and appealing to a range of tenants, including remote workers and small families. The property has been well-maintained, with significant upgrades that enhance its long-term value. The roof was replaced in 2019, ensuring durability and reduced future maintenance costs, while the electrical system has been updated to circuit breakers with individual metering for each unit, providing convenience and energy efficiency for both tenants and owners. An added advantage of this property is that 9 of the 12 units are master leased, offering consistent, reliable income with minimal management effort. This arrangement reduces tenant turnover and maintenance demands, making it an ideal investment for those seeking a low-management, high-yield property in a desirable and growing rental market.

Exclusively Listed By

Financing By

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