SOLD | Cascade View Commons Apartments, Lincoln City

Details
Units56
Price$7,525,000
Cap Rate6.08%
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New construction completed in 2016! Complex features washer / dryer hookups, granite countertops, open interior layouts and plentiful parking. A mix of 2 and 3 bed units. Located just blocks from Highway 101, the beach and the Outlet Mall. Located in a growing market with rent upside. Please do not disturb the residents.

SMI Commercial Real Estate, LLC and Gabe Johansen, Prinicipal Broker, Licensed in the State of Oregon represented the Buyer and Seller in this transaction.

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