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North Bay Condominiums for Sale
211 Harbor Street
Florence, OR 97439
County: Lane
No.
Units: 30
Building Size: 54,000 SF
Price: $10,500,000
Price/Unit: $350,000.00
Year Built: 2008
Property
Description: Brand new, deluxe upscale 30 unit
condominium project available to the astute investor
that recognizes a good investment opportunity. This
unique design offers flexibility to be marketed as a
condominium, condo/hotel, timeshare or fractional
ownership real estate investment. The property includes
1,900 sq ft retail space on the first floor. The 1, 2
and 3 bedroom floor plans range in size from 886 sq ft
to 1626 sq ft with fireplaces and decks offering a great
view of the Bay and City. The deluxe condominium units
come with the finest finishes, including granite counter
tops, tile in the kitchen and bath areas, custom
cabinetry and stainless steel appliances. The property
has generous landscaping, a garden area and courtyard.
Enclosed garage/parking and elevators are just a few of
the added amenities offered. The attractive design
details offer exceptional value. Potential buyers will
be amazed at the striking detail and luxury design, both
key to the marketability of the deluxe condominium units
at an attractive, affordable price.
1 Bedroom 1.5 Bath - No.
Units: 15 - SF: 1,018
2 Bedroom 2 Bath - No. Units: 3 - SF: 1,332
2 Bedroom 2.5 Bath - No. Units: 9 - SF: 1,282
3 Bedroom, 2 Bath - No. Units: 3 - SF: 1,626
Debt Type: Proposed
Loan Amount: $6,000,000
Interest Rate: 7.00%
Loan Description:
$6 mil assumable debt with attractive
terms.
Location
Description: The upscale building is ideally located
within a short walk to the town' s restaurants and shops
and very near the Marina. Florence is the ideal vacation
destination and a great place to reside. A new casino is
just minutes away as is the spectacular Pacific Ocean
and sand dunes. Golf enthusiasts will appreciate the
local Sand Pines Golf Course and the world renowned
Bandon Dunes Golf Resort is just 40 minutes south.
No. Stories: 4
Parking Ratio: 1.5 / 1,000 SF
1,900 sq ft retail space on first floor
Contact: Brian Hemstreet at (503) 887-4276
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Apartment Investments
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Need to Know.
Comment
Dear
Richard,
Thank You very much for your help on the
financing. The rate turns out to be better than
expected...
Joe D.
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