Technical
Financial
Distress signals
Property profile

220 NW Spring St Waldport, OR 97394

FOR SALE
Apartments (Generic)
Property ID
US71-0929895
3,116 SF 0.23 ac lot Built 2003
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Property summary

AI-generated overview

The property is a mixed-use building in Waldport city limits comprising three residential units and two separate office spaces. It is configured to support both living and work uses, with features intended to enhance day-to-day usability such as access to natural light, a dedicated laundry room for tenant convenience, and a garage suitable for storage or workshop-type purposes. Zoning supports residential expansion, allowing for the addition of up to four additional residential units while maintaining the existing mix of income-producing space. The site is located near the beach and shopping.

Property profile

Verified
Property type Apartments (Generic)
Year built 2003
Total area 3,116 SF
Lot 0.23 ac (10,019 SF)
APN 13-11-19-AC-01700-00
UPID US71-0929895

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Medical Clinic

Location

220 NW Spring St Waldport, OR 97394
Waldport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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