$6,240,000
2598 NW Spruce Cone, Redmond, OR 97756
beds
baths
sqft
Property Type
Multi Family
Multi Family
Built
2022
2022
Lot Size
1.04 Acres
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
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Bedrooms
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Listed By
Compass Commercial Real Estate
Compass Commercial Real Estate
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