$5,800,000

Multi Family In Redmond

  • 18,862 Sqft
  • 30,057 Sqft lot
  • Updated: June 26
  • Source:
    Oregon Data Share  MLS#220213493

About the Property

Red Cedar Apartments -- offered at a 5.5% cap rate -- is a newly built, FULLY LEASED, 20-door multifamily asset in North Redmond designed for low-maintenance, ’’set-it-and-forget-it’’ ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the building
Red Cedar Apartments -- offered at a 5.5% cap rate -- is a newly built, FULLY LEASED, 20-door multifamily asset in North Redmond designed for low-maintenance, ’’set-it-and-forget-it’’ ownership. The community features four buildings on four separate tax lots, allowing optional future sale of buildings individually. Two of the buildings each include 2 apartments + 2 studios, and two of the buildings each include 3 apartments + 3 studios, for a total of 20 rentable units. Townhome-style residences are paired with ground-level studios, appealing to multiple renter profiles. Fully leased and professionally managed, the property delivers consistent cash flow with tenants paying all utilities, lowering owner expenses. A modern, clean, new-construction investment offering durable income and flexibility.
  • Property type

    Other

  • Year built

    2023

  • Price/sqft

    $307

Features

  • Garage
  • Investment Property
  • Parking
  • Kitchen island

Explore the Area

1441 NW 4th Street, Redmond, Oregon, United States View on Google Maps
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Cascade Hasson SIR - Bend

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Cascade Hasson SIR - Bend
Oregon, United States
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30
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2025
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Cascade Hasson SIR - Bend
Bend, Oregon, United States
View agency profile
Last updated
June 26
First listed
Jan 8
Listing reference
220213493
Listing status
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