Aerial view of Parkside Village

Parkside Village

324 Ackerman Ave, Coos Bay, OR 97420

A 60-unit townhome community on approximately 9.59 acres adjacent to John Topits Park and Empire Lakes.

$8,300,000

$138,333 Per Unit

The Rhoades Group of Marcus & Millichap is pleased to exclusively represent the sale of Parkside Village, a 60-unit townhome apartment community located at 324 Ackerman Avenue in Coos Bay, Oregon. Built in 1973, the property consists entirely of two and three bedroom townhome units situated across approximately 9.59 acres of land, offering a rare combination of scale, privacy, and long-term development optionality within the Coos Bay market.

Full financials and property sale information are available in the Offering Memorandum.

A Townhome Community on the Oregon Coast

Parkside Village features a low-density site layout with expansive open areas and a large central greenspace, creating a peaceful residential environment that strongly appeals to families and long-term renters. All units include washer and dryer hookups, and the community is supported by approximately 150 surface parking spaces.

Units

60

Year Built

1973

Asset Type

Townhome

Unit Mix

Unit Type# UnitsApprox SF
2 Bed / 1 Bath Townhome24784
3 Bed / 1 Bath Townhome361,080
Total6057600+

Average unit size of approximately 960 square feet. All units include washer and dryer hookups.

Property Photos

Empire Area, Coos Bay, Oregon

Parkside Village is located in the Empire area of Coos Bay, directly adjacent to John Topits Park and the Empire Lakes recreational area, a 120-acre public park offering walking and biking trails, lakes, and preserved natural space. This adjacency provides a highly desirable lifestyle amenity that meaningfully differentiates Parkside Village from competing multifamily assets in the market.

A school bus stop located at the west end of the property further enhances the community's appeal to family-oriented renters. The surrounding market includes Southwestern Oregon Community College, the Port of Coos Bay, retail anchors such as Walmart Supercenter, Fred Meyer, Safeway, and Grocery Outlet, and regional access via the Southwest Oregon Regional Airport.

Access the Full Offering Memorandum

Execute the Confidentiality Agreement to download the complete Offering Memorandum, including financials, rent roll, operating data, and pricing details.

Listing Advisors

Whitney Rhoades

Managing Director Investments

Marcus & Millichap | The Rhoades Group

Nygel Drury

Senior Director Investments

Marcus & Millichap | The Rhoades Group