Property Overview
Price/Rent PSF $ 1,500,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 6
Date Available 09/11/2018
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House in the Trees is a 10-unit apartment complex built directly on the fairway of the 18th hole of the Salishan Golf Course. This two-story property is tucked within the mature trees on a quiet street just minutes from downtown Lincoln City. The 1.04 acres of property could potentially be redeveloped as it is the largest lot with frontage on the golf course and the only one that can accommodate higher density. Cash flow can immediately be improved by bringing rents to market.