51395 Preble Way, La Pine, OR 97739
- $3,800,000
Listing courtesy of Knightsbridge International.
- List Price
- $3,800,000
- MLS#
- 220191675
- Status
- ACTIVE
- City
- La Pine
- County
- Deschutes
- Year Built
- 2021
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 6.2 cap rate based on current year to date numbers.
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Additional Information
- Taxes
- $16,524
- Acres
- 1.44
- Water
- Public
- Heating
- Forced Air, Natural Gas
- Foundation
- Block
- Flooring
- Laminate
- Elementary School
- Lapine Elem
- Middle School
- Lapine Middle
- High School
- Lapine Sr High
Mortgage Calculator
The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: