2598 NW Spruce Cone, Redmond, OR 97756 | Home For Sale

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$6,240,000

2598 NW Spruce Cone, Redmond, OR 97756

beds
baths
sqft
Property Type
Multi Family
Built
2022
Lot Size
1.04 Acres

Property Highlights

Property Highlights – Location: Redmond, Dry Canyon area; park-adjacent setting near the Dry Canyon trail system – Portfolio: 16 units in eight duplex buildings – Unit mix: 14 three-bedroom townhomes and 2 two-bedroom townhomes – Unit features: attached 2-car garages, modern finishes; unit sizes range from 1,370 to 1,460 SF – Occupancy & management: 100% occupied; professionally managed by High Desert Property Management – Rent profile: several units have in-place rents below market; scheduled increases and upcoming lease renewals create mark-to-market rent potential – Ownership structure and age: 16 individual tax parcels; newer construction – Income profile: stable current income with future pricing flexibility

Facts & features

Bedrooms
Bathrooms
Square Feet
Listed By
Compass Commercial Real Estate

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