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1930 Maple St
North Bend, OR 97459
Alderwood Apartments · Multifamily Property For Sale
·
9 Units
EXECUTIVE SUMMARY
Introducing Alderwood Apartments, a well-maintained multifamily community located in the coastal city of North
Bend, Oregon. The property offers residents functional floor plans in a quiet residential setting, supported by on-site
parking and everyday conveniences that cater to long-term renters. Unit interiors feature practical layouts with full
kitchens and ample living space, positioning the asset as a durable workforce housing option in a supply-constrained
coastal market.
The Alderwood Apartments encompass the corner of Maple St. and Virginia Ave near the Airport Heights neighborhood
and Coastguard Air Station in North Bend. This property features two bedroom apartments with additional small
storage units. There are a small number of studio apartments as well. Each apartment is assigned one
dedicated, covered parking space. Conveniently located near the Pony Village mall, movie theater and restaurants.
Alderwood Apartments presents investors with the opportunity to acquire a stable coastal asset with durable demand fundamentals, operational upside, and long-term appreciation potential in a market defined by constrained supply and steady housing need.
Bend, Oregon. The property offers residents functional floor plans in a quiet residential setting, supported by on-site
parking and everyday conveniences that cater to long-term renters. Unit interiors feature practical layouts with full
kitchens and ample living space, positioning the asset as a durable workforce housing option in a supply-constrained
coastal market.
The Alderwood Apartments encompass the corner of Maple St. and Virginia Ave near the Airport Heights neighborhood
and Coastguard Air Station in North Bend. This property features two bedroom apartments with additional small
storage units. There are a small number of studio apartments as well. Each apartment is assigned one
dedicated, covered parking space. Conveniently located near the Pony Village mall, movie theater and restaurants.
Alderwood Apartments presents investors with the opportunity to acquire a stable coastal asset with durable demand fundamentals, operational upside, and long-term appreciation potential in a market defined by constrained supply and steady housing need.
PROPERTY FACTS
| Price Per Unit | $522,222 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.76 AC |
| Cap Rate | 7.12% | Building Size | 34,220 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 0.69/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | RM | ||
| Price Per Unit | $522,222 |
| Sale Type | Investment |
| Cap Rate | 7.12% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.76 AC |
| Building Size | 34,220 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | RM |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
PROPERTY TAXES
| Parcel Number | 1005781500 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,745,630 |
PROPERTY TAXES
Parcel Number
1005781500
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,745,630
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