La Pine OR Multi Family for Sale
$3,563,815
51395 Preble Way La Pine, OR 97739
- Type:
- Other
- Sq.Ft.:
- 13,860
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.44 Acres
- Year built:
- 2021
- Baths:
- MLS#:
- 220191675
- Subdivision:
- Lapine
View additional info
Courtesy: Knightsbridge International
541-312-2113
ADDITIONAL INFORMATION
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. Rental rates are due to increase early next year only adding to the attractive 6.5 cap rate based on current year to date numbers.
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| The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). |
La Pine Real Estate
The median home value in La Pine, OR is $363,900. This is lower than the county median home value of $598,100. The national median home value is $338,100. The average price of homes sold in La Pine, OR is $363,900. Approximately 53.22% of La Pine homes are owned, compared to 40.02% rented, while 6.76% are vacant. La Pine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a La Pine real estate agent to arrange a tour today!
La Pine, Oregon has a population of 2,390. La Pine is less family-centric than the surrounding county with 14.94% of the households containing married families with children. The county average for households married with children is 29.18%.
The median household income in La Pine, Oregon is $44,180. The median household income for the surrounding county is $74,082 compared to the national median of $69,021. The median age of people living in La Pine is 49.2 years.
La Pine Weather
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 22.5 inches per year, with 94.6 inches of snow per year.