La Pine, OR 97739,51395 Preble WAY
La Pine, OR 97739,51395 Preble WAY
La Pine, OR 97739,51395 Preble WAY
15
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$3,563,815
Est. payment /mo
13,860 SqFt
Active

51395 Preble WAY La Pine, OR 97739

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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

Acres 1.44

Lot Dimensions 1.44

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

Entry Level One

Foundation Pillar/Post/Pier

Water Public

Architectural Style Traditional

New Construction No

Schools

High Schools Lapine Sr High

Others

Senior Community No

Tax ID 115024

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


Oregon Data Share
Listed by Knightsbridge International

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agent

Cody Tuma

Broker | License ID: 201218086

+1(541) 953-7784

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51395 Preble WAY