51395 Preble Way - Manufactured Housing/Mobile Housing FOR SALE


La Pine, OR 97739
$3,563,815 USD
541-312-2113
51395 Preble Way, La Pine, OR for Sale
$3,563,815 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/14
null | 6.5% Cap Rate

51395 Preble Way
La Pine, OR 97739


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,563,815 USD

PRICE/SF

$257 USD /SF

# OF UNITS

14

PRICE/UNIT

$254,558

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

CRMX

APN/PARCEL ID

115024

ASK ABOUT THIS PROPERTY

Troy BatsonKnightsbridge International Real EstateMore Info
541-312-2113

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Troy BatsonKnightsbridge International Real EstateMore Info
541-312-2113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.