428 NE Burnside Ave - Apartments FOR SALE


Bend, OR 97701
$1,370,000 USD
541-610-4587
428 NE Burnside Ave, Bend, OR for Sale
$1,370,000 USD
Apartments - FOR SALE
1/12
null | 5.25% Cap Rate

428 NE Burnside Ave
Bend, OR 97701


HIGHLIGHTS

  • CLOSE TO PUBLIC TRANSPORTATION, SHOPPING & RESTAURANTS. NEW PEDESTRIAN WALKWAY TO 'OLD MILL DISTRICT"
  • RENTAL INCOME PROPERTY: TAX DEFERRED EXCHANGE: OPPORTUNITY ZONE TAX BENEFITS: CENTRALLY LOCATED
  • BRAND NEW CONSTRUCTION. ONE UNIT IS BUILT WITH GREEN FLEX CONCRETE & 2ND UNIT IS WOOD STICK FRAMED

OVERVIEW

BEND OREGON "OPPORTUNITY ZONE" PROPERTY. LOCATED IN BEAUTIFUL BEND MIDTOWN AREA. TWO 2024 CUSTOM BUILT SINGLE FAMILY HOMES. BOTH HOMES BOAST: OPEN GREAT ROOM W/VAULTED CEILINGS & FAN. STAINLESS STEEL APPLIANCES, WOOD LAMINATE FLOORING THROUGHOUT. THREE BEDROOMS & THREE FULL BATHS. OFFSTREET RV, BOAT, TOYS PARKING. TONS OF STORAGE. TWO CAR ATTACHED GARAGE WITH ENCLOSED STORAGE AREA. MINI SPLIT HEATING AND COOLING SYSTEM, ON DEMAND HOT WATER, SOFT CLOSE DRAWERS & CABINETS IN KITCHEN AND BATHROOMS FINANCIAL ANALYSIS SPREADSHEETS AVAILABLE. TAX MAP AVAILABLE GIVE US A CALL TO TOUR THIS AWESOME PROPERTY !!

FOR SALE DETAILS

PRICE

$1,370,000 USD

PRICE/SF

$875 USD /SF

# OF UNITS

2

PRICE/UNIT

$685,000

CAP RATE

5.25%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RESIDENTIAL HIGH DENSITY

APN/PARCEL ID

171233CC04601

ASK ABOUT THIS PROPERTY

Lisa CampbellCDI Northwest LLCMore Info
541-610-4587

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Lisa CampbellCDI Northwest LLCMore Info
541-610-4587

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