52663 Drafter Road, La Pine, OR 97739

$2,256,625
Property Type: Residential Income Square Footage: 11,250 Lot Size (sq. ft.): 51,401 Status: Closed
Current Price: $2,256,625 List Date: 3/06/2025 Last Modified: 5/27/2026

Overview

Description

7.33% cap on actual income with great cash flow. The Drafter Valley Modular Home Community is comprised of fifteen (15) total units completed in 2024. All units are 2bd/1ba units manufactured by Fleetwood Homes based in Wilsonville, Oregon. All units are property owned and fully set on individual foundations. The site is master metered for water and tenants are billed by third-party billing for water usage. Tenants also cover garbage, gas and electricity. Each unit includes one exterior tandem space for two-car parking.

Listing Details MLS# 220196892

General Property Information

Property Sub Type
Multi Family
Building Area Total
11250
Building Area Source
Builder
Building Area Units
Square Feet
# of Units Total
15
Year Built
2024
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
LaPine Elem
Middle Or Junior School
LaPine Middle
High School
LaPine Sr High
Zoning
CMX
Tax Annual Amount
154.58
Tax Year
2024
CC&R's YN
No
Association YN
No
FIRPTA YN
No
Sign On Property YN
No

Property Features

Appliances: Dryer; Microwave; Oven; Range; Refrigerator; Washer Architectural Style: Ranch Common Walls: No Common Walls Cooling: None Flooring: Vinyl Foundation Details: Block Heating: Forced Air; Natural Gas Levels: One Roof: Composition Utilities: Electricity Connected; Natural Gas Connected Lot Features: Fenced; Landscaped; Level Parking Features: Asphalt; Tandem Road Surface Type: Paved Structure Type: Manufactured House View: Territorial Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
52663
Street Name
Drafter
Street Suffix
Road
County
Deschutes
State
OR
Postal Code
97739
Subdivision Name
Lapine Meadows

Contract Information

Original List Price
2550000
List Price per SqFt
226.67
Listing Contract Date
2025-03-06

Remarks and Miscellaneous

Public Remarks
7.33% cap on actual income with great cash flow. The Drafter Valley Modular Home Community is comprised of fifteen (15) total units completed in 2024. All units are 2bd/1ba units manufactured by Fleetwood Homes based in Wilsonville, Oregon. All units are property owned and fully set on individual foundations. The site is master metered for water and tenants are billed by third-party billing for water usage. Tenants also cover garbage, gas and electricity. Each unit includes one exterior tandem space for two-car parking.

Status Change Information

Close Date
2025-06-23
Under Contract Date
2025-05-09
Status Change Timestamp
2025-06-23
Close Price
2256625
Sold Price per SqFt
200.59

More Information

Unit 1

Unit #
All
# of Bedrooms
2
# Full Baths
Yes
Monthly Rent
1465

Parking Details

# of Other Parking
30
Listing Office: NAI Cascade
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.