2950 Coho St Newport, OR 97365
- Land
- 4,927 SF
Current Use by Public Records
- Land
Property Details for 2950 Coho St
- Year built
- 2024
- Property size
- 4,927 SF
- Property type
- Land
Description
This exceptional investment opportunity presents the chance to acquire the entire COHO St. Condos complex in Newport, Oregon. Completed in 2024, this development comprises six move-in ready units situated on a 10,018.8 square foot lot. Each condo boasts a washer/dryer hookup and dedicated parking, catering to modern lifestyles. The complex offers stunning coastal views and convenient access to Newport's attractions, making it highly desirable for both residents and vacationers. The 4,927 square foot development presents strong rental potential and significant appreciation potential, typical of Newport's coastal real estate market. The property is ideal for year-round rentals or individual condo sales, providing flexible management options for the owner. This newly constructed property represents a rare chance to own a high-quality asset in a prime location. The asking price for this entire complex is $2,400,000. Don't miss this opportunity to secure a lucrative investment in a thriving coastal community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.056
- Latitude
- 44.6158
