Cottage/Bungalow
54 NW Lake Place NW
Bend , OR 97703
MLS#: 220127556
$1,500,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
N/A
Located just a few blocks from Downtown Bend in the Old Town Historic District, the Lake Place Apartments is in one of Bend's most exciting locations. Create something special in this converted hotel, which is now an eight-unit apartment complex. The Commercial Zoning, Opportunity Zone and Historic District combination is rare and creates a possibility for a visionary plan of trendy, upscale apartments, micro units, hotel, hostel, or more. The Lake Place Apartments is a charming property consisting of (4) two-bedroom apartments and (4) studios. It features an appealing courtyard and some onsite parking. The current income is far below market, but can provide cash flow pending redevelopment.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Courtyard
-
Parking
Alley Access, On Street, Parking Lot
-
Pool
No
Area & Lot
-
Lot Features
Landscaped, Sprinklers In Front, Sprinklers In Rear
-
Lot Size(acres)
0.23
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Cottage/Bungalow
Price
-
Sales Price
$1,500,000
-
Tax Amount
2665.21
-
Zoning
CG
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
William E Miller Elem
-
Middle School
Cascade Middle
-
High School
Summit High
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Deschutes
Elementary School
William E Miller Elem
Middle School
Cascade Middle
High School
Summit High
Listing Courtesy of Luke Ross , Compass Commercial Real Estate
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Broker
Christy Symons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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