48292 HWY 101 Langlois, OR97450

$875,000
8 total units
2 total bedrooms
2 total bathrooms
$90,000 annual income
5875 total sq. ft
1 to 2.99 Acres
Elementary School: Driftwood
Middle School: Driftwood
High School: Pacific
Zoning: RC
986 days on market
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Price per unit$109.4K/unit
Price per ft²$148.94/ft²
Price per acre$875K/ac
Price per bedroom$437.5K/bed
Time on market986 days

Property Description

Awesome investment opportunity with a 9.9% cap rate! Currently used as both a long & short term rental property. Booked year round & right in the heart of the charming, coastal town of Langlois. 8 large units, a rentable office & large lot with other income potentials. Selling fully furnished. Right by the ocean, lake & famous Bandon Dunes golf course. Bring your best offer today!

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Financial Data

Date Sold2022-02-01
Sold Price$875,000
Original Price$895,500
Current Price$875,000
Property Taxes$2,565

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Home Facts

StatusSold
Year Built1950
Stories2
Exterior Features
MLS ID21517815

Unit Details

Unit 1
Unit 2