51395 Preble Way
$3,800,000
Description
51395 Preble Way,
La Pine,
OR
97739
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.
This is an Active listing.
Broker Office Phone Number: 541-312-2113
Copyright © 2024MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Laminate Flooring
- Composition Shingle Roof
- Assigned Parking
- Driveway
Listing By: Knightsbridge International via Data Source: MLS of Central Oregon
Multi Family
Property type
Lapine Elem
Schools
Lapine Elem
Elementary
Lapine Middle
Middle
Lapine Sr High
High
Price History
date | price | variance | type |
---|
10/22/2024 | $3,800,000 | - | Listed |
listing agent: Peter J. Lowes