Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2021
Sq.Footage
N/A
Hard to find 6.5% CAP rate in Central Oregon. The site is improved with a 14 unit multi family development constructed in 2021 and is made up of 14 - three bedroom, two bathroom permanently affixed manufactured homes with A/C. Coming soon, an additional 56 units across the street at a same CAP rate. This income producing development is located in Central Oregon in the up and coming town of La Pine. It's close to Sunriver, Bend and all the outdoor adventures that draw people to the area. Development is professionally managed and has 100% occupancy with a waiting list.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Asphalt, Assigned, Driveway, Storage
-
Pool
No
Area & Lot
-
Lot Size(acres)
1.44
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$3,563,815
-
Tax Amount
16524.22
-
Zoning
CRMX
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
LaPine Elem
-
Middle School
LaPine Middle
-
High School
LaPine Sr High
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Deschutes
Elementary School
LaPine Elem
Middle School
LaPine Middle
High School
LaPine Sr High
Listing Courtesy of Peter J. Lowes , Knightsbridge International
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Broker
ChristySymons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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