Pacific Manor

Built in 1973 and offered for sale to investors for the first time ever, Pacific Manor is an excellent opportunity for investors seeking a well-maintained 21-unit multifamily property with immediate upside potential. Located in a high-demand area just steps from major public transit lines, this asset offers a strong tenant base and room for value creation through light renovations or rent adjustments. Pacific Manor consists of 13 2-bedroom units and 8 1-bedroom units, ample surface parking and well-maintained property grounds. One of the three buildings has been completely renovated from ground up due to a recent fire. The new structure contains brand new property systems and modern interior finishes – a rare fine in today’s market. Pacific Manor is well suited for buyer seeking stable income with immediate NOI growth opportunities. Priced below replacement costs, Pacific Manor offers both current cash flow and future appreciation in a supply constrained submarket. We invite you to review the offering memorandum for Pacific Manor. Please contact Austin Kelley or Ted Sipila to schedule a tour.