The Rhoades Group of Marcus & Millichap is pleased to present Dean Street 12. This twelve-unit building in Coquille, Oregon, is a prime investment opportunity in a growing market. Each unit features one bedroom plus an office/den, making them highly versatile and appealing to a range of tenants, including remote workers and small families. The property has been well-maintained, with significant upgrades that enhance its long-term value. The roof was replaced in 2019, ensuring durability and reduced future maintenance costs, while the electrical system has been updated to circuit breakers with individual metering for each unit, providing convenience and energy efficiency for both tenants and owners.
An added advantage of this property is that 9 of the 12 units are master leased, offering consistent, reliable income with minimal management effort. This arrangement reduces tenant turnover and maintenance demands, making it an ideal investment for those seeking a low-management, high-yield property in a desirable and growing rental market.