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940 NW 2nd St
Prineville, OR 97754

$4,450,000 USD

Apartments For Sale  •  19,296 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,900 SF
  • Lot Size 0.99 AC
  • Building Class C
  • Year Built 1990
  • Zoning C2
30 Transit Score
40 Walk Score

Highlights

Townhome-Style Community: 22 low-rise units totaling ~20,900 NRSF (~950 SF average)
Attractive Basis: $4,450,000 purchase price ($202,000 per unit)
Turnkey Stabilized with Upside: $284,783 NOI at a 6.4% CAP rate
Recreational Destination: Central Oregon features 30+ golf courses and outdoor amenities

Property Flyers

Amenities

  • Cable Ready
  • Laundry Facilities
  • Kitchen

Public Transportation

AirportDriveWalkDistance
Roberts Field 24 min - 18.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Tyler Smith 206-333-2724 Northmarq
Tyler Smith 206-333-2724 Northmarq