51395 Preble, La Pine, OR 97739

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
51395 Preble,La Pine, OR 97739
$3,563,815
Virtual Tour
  • - Beds
  • - Baths
  • 13,860 sq. ft.
  • Multi-family
  • Active
Listed by: peter j. lowes, troy batson541-312-2113
Office: knightsbridge international
MLS#:220191675
Source:OR_SOMLS

Price summary

  • Price:$3,563,815
  • Price per sq. ft.:$257.13

About this home

Hard to find 6.5% CAP rate in Central Oregon. 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 with A/C. Coming soon, an additional 56 units across the street at a same CAP rate. 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 the area. Development is professionally managed and has 100% occupancy with a waiting list.

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Home facts

  • Year built:2021
  • Listing ID #:220191675
  • Added:423 day(s) ago
  • Updated:December 18, 2025 at 03:46 PM

Rooms and interior

  • Living area:13,860 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:2021
  • Building area:13,860 sq. ft.
  • Lot area:1.44 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,563,815
  • Price per sq. ft.:$257.13
  • Tax amount:$16,524 (2023)

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