Bungalow, Ranch, Traditional
215 NW Canal Boulevard
Redmond , OR 97756
MLS#: 220199856
$1,450,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
N/A
Canal Commons consists of 8 single family homes and 1 duplex all on one tax lot. Total of 10 units. Five manufactured homes and five stick built. 100% occupied. The property offers strong cash flows with a 7.4% cap rate. Please refer to attached offering memorandum in documents section for rent roll and expenses. Tenants are separately metered for gas and electric. Owner pays water, sewer, and trash with some tenant bill backs in place. Located in the heart of Redmond, the property offers convenient access to local amenities and transportation routes. Its central location makes it an attractive option for residents seeking proximity to downtown Redmond and other key areas. The property sits directly off NW Canal Blvd, a growing mixed-use spine that has seen increased interest from developers due to recent zoning updates and urban renewal efforts
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Asphalt, Attached Carport, Driveway, Gravel, On Street
-
Patio and Porch Features
Covered, Front Porch, Deck
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.9
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Bungalow, Ranch, Traditional
Price
-
Sales Price
$1,450,000
-
Tax Amount
10943.0
-
Zoning
R5
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
John Tuck Elem
-
Middle School
Elton Gregory Middle
-
High School
Redmond High
Property Features
-
Foundation Details
Slab, None
-
Sewer
Public Sewer
-
Tax Lot
03800
-
Water Source
Public
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Location
County
Deschutes
Elementary School
John Tuck Elem
Middle School
Elton Gregory Middle
High School
Redmond High
Listing Courtesy of Luke Ross , Compass Commercial Real Estate
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Broker
ChristySymons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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