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10425 Neahkahnie Creek Rd 6 Unit Apartment Building $891,993 CAD ($148,665 CAD/Unit) Nehalem, OR 97131



INVESTMENT HIGHLIGHTS
- Vacant lot is cleared, level and developable
- Zoned for multi-use.
- Large backyard on .49 acres
- Located just outside Manzanita, 2 hours to PDX
EXECUTIVE SUMMARY
Contiguous to the Adventist Urgent Care Medical Facility, immediately adjacent to Hwy 101 (Pacific Coast Scenic Byway), the 2,911 Square Foot 2001 Manufactured Building has Six Offices and/or Bedrooms w/ 5.5 Bathrooms. The .49 Acre site (21,344 SF). is mostly tree lined on 3 sides, protected from future building due to terrain and protected lands. Parcel is zoned Commercial (MZ-C); allows for Medium Density Residential (R-2,R-3, R-4); includes mixed-use development, lodging, office, health related and other uses by Conditional Use Permit, see attached Zoning Docs. Recently vacated by Adventist Ambulance Service. Tucked away off Hwy 101, the private & versatile property has room for additional building(s), abundant onsite parking, rear deck with access ramp and two small outbuildings.
PROPERTY FACTS
| Price | $891,993 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $148,665 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.49 AC |
| No. Units | 6 | Building Size | 2,911 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2001 |
| Zoning | MZ-C-1 - See attached Zoning document | ||
| Price | $891,993 CAD |
| Price Per Unit | $148,665 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 2,911 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Zoning | MZ-C-1 - See attached Zoning document |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+5 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | R0408774 | Improvements Assessment | $331,793 CAD |
| Land Assessment | $110,737 CAD | Total Assessment | $442,530 CAD |
PROPERTY TAXES
Parcel Number
R0408774
Land Assessment
$110,737 CAD
Improvements Assessment
$331,793 CAD
Total Assessment
$442,530 CAD
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10425 Neahkahnie Creek Rd
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