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Pine Hurst Village Estates 1221 Skeeters Ln

19 Unit Block of Flats £4,214,195 (£221,800/Unit) 5.57% Net Initial Yield Medford, OR 97504

Executive Summary

Introducing PineHurst Village Estates, a community of 19 spacious condominiums located in Medford, the heart of southern Oregon’s Rogue Valley. PineHurst is a community of 19 two- and three-bedroom condominiums. Each condominium sits on its own tax lot, allowing for future opportunities to detach parcels to be sold separately. PineHurst offers ample amenities such as private backyards with covered patios, two-car garages, vaulted ceilings, two full bathrooms, washer/dryer hookups, ample storage, and air conditioning. The community has a single entrance and exit with wide drives and sidewalks as well as beautifully landscaped throughout.
PineHurst Village Estates is located in Medford, the largest metropolitan city in southern Oregon. PineHurst Village Estates is minutes away from amenities such as retail, healthcare, bus services, parks, schools, wine country, and the outdoors. Providence Medford Medical Center and multiple schools are under a ten minute drive away, along with major retailers including Safeway, Cinemark, Village Fitness, and more within Bear Creek Shopping Center and The Village at Medford Center.

Property Facts

Price £4,214,195
Price Per Unit £221,800
Sale Type Investment
Net Initial Yield 5.57%
No. Units 19
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.23 AC
Building Size 24,896 SF
Number of Floors 1
Year Built 1998

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Washer/Dryer Hookup
  • Patio

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 8 - -
3+2 11 - -

zoning

Zoning Code SFR-10
SFR-10
  • Listing ID: 33077639

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 1221 Skeeters Ln, Medford, OR 97504

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