Pine Hurst Village Estates 1221 Skeeters Ln 19 Unit Apartment Building $5,500,000 ($289,474/Unit) 5.70% Cap Rate Medford, OR 97504

Tucked into the heart of Medford’s residential corridor, PineHurst Village Estates offers a rare blend of private community living and investment flexibility. This impeccably maintained property, located at 1221 Skeeters Lane, is composed of 19 spacious, single-level condominiums—each situated on individual tax lots. Originally built in 1998, the community was designed with long-term ownership in mind, yet it offers the unique potential for individual resale, condominium conversion, or phased disposition—an investor’s dream in today’s yield-driven environment.
The floorplans are generous and thoughtfully laid out, comprising eight (8) two-bedroom/ two-bathroom units and eleven (11) three-bedroom/two-bathroom homes. Vaulted ceilings, private fenced backyards, covered patios, two-car garages, full-size laundry hookups, and central air conditioning elevate the living experience. Each home is individually metered for water, sewer, and electric, with tenants also covering their own trash service—keeping operational costs low and predictable for ownership.
Set behind a single entrance and surrounded by manicured landscaping, wide internal streets, and manicured sidewalks, PineHurst Village Estates offers the serenity of a private enclave, yet remains deeply connected to all that Southern Oregon has to offer.
For residents, convenience is paramount. Providence Medical Center is just minutes away, and top-rated schools, major retailers like Safeway, entertainment at The Village at Medford Center, and regional employers are all easily accessible. The property also serves as a perfect jumping-off point to explore the Rogue Valley’s world-class wine country, hiking trails, and year-round recreation.
As buildable land tightens and single-level product remains scarce, PineHurst Village Estates presents a durable investment anchored by quality construction, stable tenancy, and the ability to pivot with market trends. As buildable land tightens and single-level product remains scarce, PineHurst Village Estates presents a durable investment anchored by quality construction, stable tenancy, and the ability to pivot with market trends.