1007 SW Alder & 449 SW 10th St, Newport
7.51% cap rate on proforma
7 Units – (5) 1 bed / 1 bath units, (1) 2 bed / 1 bath unit and (1) studio on separate tax lots
Property has been well maintained
Plenty of rent upside
Located just blocks from Highway 101 with easy access to numerous amenities including shopping, restaurants and Oregon Coast attractions
Close proximity to Yaquina Bay Waterfront
Please do not disturb any of the residents
Submit offer to purchase subject to property inspection
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