Active
51395 Preble Way
La Pine OR, 97739
$3,800,000
$274.17 per sqft
Active
13,860 sqft
Multi-family
Built in 2021
Courtesy of Knightsbridge International, Peter J. Lowes
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 6.2 cap rate based on current year to date numbers.
220191675
MLSⓇ ID
October 22, 2024
Updated
Map
51395 Preble Way
La Pine OR, 97739
Interior Features
Total Stories
1
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
1.44 Acres
Exterior Features
No Common Walls, Manufactured House
Architectual Style
Traditional
Roof
Composition
Sewer
Public Sewer
School Information
School District
Square Feet
High School
LaPine Sr High
Elementary School
LaPine Elem
Other Property Details
Taxes
$16,524
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Asphalt, Assigned, Driveway, Storage
Parking Total
13860
View
No
County
Deschutes
Municipality
14
Water Source
Public
Pool
No
Zoning
CRMX
Green Building Features
Green Features
None
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Data last updated 2:49 PM UTC, 10/22/2024