1522 SE Skylark Drive, Bend, OR 97702

$2,399,000
Property Type: Residential Income Square Footage: 22,886 Lot Size (sq. ft.): 106,722 Status: Closed
Current Price: $2,399,000 List Date: 7/20/2016 Last Modified: 5/27/2026

Overview

Description

24 unit complex (12 duplex buildings) on 13 separate tax lots. Great Bend multifamily opportunity. 100% occupied and professionally managed. All units are 2 bedroom 1 bath and all have garages. Many of the units have had recent renovation and a few will need some updating on turnover.

Listing Details MLS# 201607434

General Property Information

Property Sub Type
Multi Family
Building Area Total
22886
Building Area Source
Assessor
# of Units Total
24
Year Built
1976
New Construction YN
No
Elementary School
Bear Creek Elem
Middle Or Junior School
Pilot Butte Middle
High School
Bend Sr High
Zoning
RM
Tax Annual Amount
27588
Tax Year
2015
CC&R's YN
Yes
Association YN
No
Preferred Escrow Company & Officer
Western Title Jill Jones
Sign On Property YN
No

Property Features

Appliances: Water Heater Architectural Style: Ranch; Traditional Construction Materials: Frame Flooring: Carpet; Vinyl Foundation Details: Slab Heating: Electric; Forced Air Levels: One; Two Roof: Composition Lot Features: Landscaped Parking Features: Attached; Other Patio and Porch Features: Deck; Patio Sewer: Public Sewer Water Source: Public Listing Terms: Cash

Location Tax and Legal

Street Number
1522
Street Dir Prefix
SE
Street Name
Skylark
Street Suffix
Drive
County
Deschutes
State
OR
Postal Code
97702
Subdivision Name
Carriage

Contract Information

Original List Price
2399000
List Price per SqFt
104.8239
Listing Contract Date
2016-07-20

Remarks and Miscellaneous

Public Remarks
24 unit complex (12 duplex buildings) on 13 separate tax lots. Great Bend multifamily opportunity. 100% occupied and professionally managed. All units are 2 bedroom 1 bath and all have garages. Many of the units have had recent renovation and a few will need some updating on turnover.

Status Change Information

Close Date
2016-10-31
Under Contract Date
2016-07-27
Status Change Timestamp
2016-11-01
Close Price
2399000
Sold Price per SqFt
104.8239

More Information

Unit 1

Unit #
531
# of Bedrooms
2
# Full Baths
Yes
Monthly Rent
800

Unit 2

Unit #
555
# of Bedrooms
2
# Full Baths
Yes
Monthly Rent
895

Parking Details

# of Garages
24
# of Other Parking
10

Income and Expenses (Annual Amounts)

Cap Rate
5.4
Listing Office: Compass Commercial Real Estate
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.