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51376 Preble Way
La Pine, OR 97739

$4,699,000 USD

Apartments For Sale • 20,424 SF

Property Details

Property Type Apartments
Total Building Size 20,424 SF
Lot Size 0.83 AC
Building Class B
Year Built 2024
Cap Rate 6.50 %
Zoning CRMX

10 Transit Score

30 Walk Score

                
                    Highlights
                
                                New construction completed in 2024
                            
                                24- Large 2BD/2BA units
                            
                                Strong initial return with long-term upside
                            
                                 High-quality finishes
                            
                                Nearby grocery, services and parks
                            
                                Primarily residential location

Property Flyers

Preble Way OM 2026

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cobalt Properties Group - Preble Way Apartments

Amenities

24 Hour Access
Air Conditioning
Dishwasher
Tenant Controlled HVAC
Washer/Dryer
Heating
Kitchen
Refrigerator
Stainless Steel Appliances
Tub/Shower
Vinyl Flooring
Walk-Up
Smoke Detector

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	34
Type:	Surface
Included in Rent:	Yes

Charles Brazer 503-734-7175 NAI Cascade

51376 Preble Way La Pine, OR 97739