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451 Oconnell St
North Bend, OR 97459
Evergreen Court · Health Care Property For Sale
·
129 Beds
PROPERTY FACTS
| Property Type | Health Care | No. Beds | 129 |
| Lot Size | 3.31 AC | No. Stories | 4 |
| Building Size | 44,000 SF | Year Built | 1986 |
| Zoning | R-M | ||
| Property Type | Health Care |
| Lot Size | 3.31 AC |
| Building Size | 44,000 SF |
| No. Beds | 129 |
| No. Stories | 4 |
| Year Built | 1986 |
| Zoning | R-M |
ABOUT 451 OCONNELL ST , NORTH BEND, OR 97459
Evergreen Court is located in North Bend, Oregon (approximately 200 miles from Portland). The 69-unit community presents a hilltop view of the beautiful Coos Bay estuary and is surrounded by 14 acres of sheltering trees, park-like areas and pathways. The location of Evergreen Court qualifies as an “opportunity zone” investment. A law that was created in 2017 by the Tax Cuts and Jobs Act to maximize real estate tax benefits. Ownership hired a new Executive Director as part of an effort to boost occupancy. The positive change has taken effect with occupancy increasing from 70% to 84% in the span of 5 months. This included a 5% rental increase.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $4,406,300 |
PROPERTY TAXES
