51395 Preble WAY Active Save Request In-Person Tour Request Virtual Tour
La Pine,OR 97739
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,860 sqft
Price per Sqft $257
Subdivision Lapine
MLS Listing ID 220191675
Style Traditional
Year Built 2021
Annual Tax Amount $16,524
Lot Size 1.440 Acres
Property Sub-Type Multi Family
Property Description
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. 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 Central Oregon. Rental rates are due to increase early next year only adding to the attractive 6.5 cap rate based on current year to date numbers.
Location
State OR
County Deschutes
Community Lapine
Interior
Heating/Cooling Forced Air,Natural Gas
Exterior
Parking Features Asphalt,Assigned,Driveway,Storage
Roof Type Composition
Parking Asphalt,Assigned,Driveway,Storage
Building
Foundation Pillar/Post/Pier
Water Public
New Construction No
Schools
High Schools Lapine Sr High
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/cde22537-a4e5-4a2a-b887-1cc47ab3dd19?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard