Red Fir Multi-Family Development | 51395 Preble Way
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Red Fir Multi-Family Development 51395 Preble Way
14 Unit Mobile Home Park $3,563,815 ($254,558/Unit) 6.50% Cap Rate La Pine, OR 97739
INVESTMENT HIGHLIGHTS
- 100% Leased at or very near market rates.
- Great location in up and coming La Pine near restaurants and grocery stores.
- Newer 3 bedroom, 2 bath manufactured homes with individual parking and storage sheds.
EXECUTIVE SUMMARY
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.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,563,815 | Apartment Style | Single Family Home |
| Price Per Unit | $254,558 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.44 AC |
| Cap Rate | 6.50% | Building Size | 13,860 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $3,563,815 |
| Price Per Unit | $254,558 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Sale Conditions | 1031 Exchange |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 13,860 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2021 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 14 | $1,725 | 990 |
ZONING
| Zoning Code | CRMX (COMMERCIAL/RESIDENTIAL MIXED USE) |
| CRMX (COMMERCIAL/RESIDENTIAL MIXED USE) |
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Red Fir Multi-Family Development | 51395 Preble Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.