Investment Overview

Marcus & Millichap is pleased to present Westwind Manor, a stable opportunity to acquire a 34-unit USDA Affordable Housing community located in Long Beach, WA. This property is ideally suited for Affordable Housing investors or mission-driven operators seeking to preserve long-term USDA affordability or pursue a redevelopment strategy with a new set of tax credits. Westwind Manor consists of 34 units of 1-bed/1-bath. All the units are under USDA Rural Development 515 assistance. The current USDA contract is set to expire in August of 2030, with the potential to apply for a new set of tax credits and redevelop the property. The current ownership has invested consistently in the property over the past decade. Turnover units are brought to market standards, and necessary repairs are addressed immediately. Over the life of the property, ownership has completed proper maintenance routines to support long-term asset performance and site stability. Long Beach is a small coastal community on the Long Beach Peninsula in Pacific County, Washington, known for its scenic beachfront nature. The local economy is supported by retail trade, health care & food service sectors that reflect both visitor demand and local service needs. Westwind Manor is surrounded by hotels and restaurants, which provide residents with proximity to employment centers and recreational amenities.