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2053 SW TIMBER AVE, Redmond, OR 97756
Multifamily $1450000

Redmonds, Oregon, USA.

Property Details
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  • Address : 2053 SW TIMBER AVE, Redmond, OR 97756

    ZIP : 97756

  • City : Redmond

    counrty :

  • Area : realestate

Property features
  • MLS: 16283006

  • Year: 1994

  • Type: Multifamily

  • Zip: 97756

Property description
  • Description: Located in Redmond, Oregon The Cascade's is a 13 unit townhome style apartment community consisting of (5) two-story buildings on 1.28 acres. Rents have recently been increased to $900 effective May 1. Prelim. rent analysis for the Bend/Redmond area indicates potential market rents of $1,100 - $1,200. Outstanding cap rate & GRM on effective rents / actual expense with pot. for immediate upside.Poss room to add units & CONDO PLAT COMP

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