52663 Drafter RD Active

La Pine,OR 97739

$ 2550000

- Bed

0 Bath

11250 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,250 sqft

Price per Sqft $226

Subdivision Lapine Meadows

MLS Listing ID 220196892

Style Ranch

Year Built 2024

Annual Tax Amount $154

Lot Size 1.180 Acres

Property Sub-Type Multi Family

Property Description

7.33% cap on actual income with great cash flow.

The Drafter Valley Modular Home Community is comprised of fifteen (15) total units completed in 2024. All units are 2bd/1ba units manufactured by Fleetwood Homes based in Wilsonville, Oregon. All units are property owned and fully set on individual foundations. The site is master metered for water and tenants are billed by third-party billing for water usage. Tenants also cover garbage, gas and electricity. Each unit includes one exterior tandem space for two-car parking.

Location

State OR

County Deschutes

Community Lapine Meadows

Interior

Heating Forced Air,Natural Gas

Cooling None

Exterior

Parking Features Asphalt,Tandem

Roof Type Composition

Building

Lot Description Fenced,Landscaped,Level

Foundation Block

Water Public

Structure Type Manufactured House

New Construction No

Schools

High Schools Lapine Sr High

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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