Bend, OR 97701

$2,800,000
Property Type: Residential Income Square Footage: 46,464 Lot Size (sq. ft.): 90,605 Status: Closed
Current Price: $2,800,000 List Date: 2/20/2013 Last Modified: 5/27/2026

Overview

Description

West side apartments, filling vacancies off waiting list. 45 two bedroom 1 bath and 3 one bedroom 1 bath flat style units. Onwers are updating floor coverings, fixtures, windows on turnovers as needed. Income projection is from current rent roll. Rents appear low for area, as Highest 2 bedroom rent is $625. Highest 1 bedroom is $540. Room to add storage lockers. Roof is membrane. Carports, no garages

Listing Details MLS# 201301210

General Property Information

Property Sub Type
Multi Family
Building Area Total
46464
Building Area Source
Assessor
# of Units Total
48
Year Built
1972
Zoning
RM
Tax Annual Amount
35665
CC&R's YN
No
Sign On Property YN
No

Property Features

Appliances: Oven; Range; Refrigerator Architectural Style: Ranch Construction Materials: Frame Flooring: Carpet; Vinyl Foundation Details: Slab Heating: Baseboard; Wall Furnace Levels: Two Lot Features: Landscaped Road Surface Type: Paved View: Territorial Sewer: Public Sewer Water Source: Public Listing Terms: Cash

Location Tax and Legal

County
Deschutes
State
OR
Postal Code
97701
Subdivision Name
West Hills

Contract Information

Original List Price
3200000
List Price per SqFt
68.8705
Listing Contract Date
2013-01-22

Remarks and Miscellaneous

Public Remarks
West side apartments, filling vacancies off waiting list. 45 two bedroom 1 bath and 3 one bedroom 1 bath flat style units. Onwers are updating floor coverings, fixtures, windows on turnovers as needed. Income projection is from current rent roll. Rents appear low for area, as Highest 2 bedroom rent is $625. Highest 1 bedroom is $540. Room to add storage lockers. Roof is membrane. Carports, no garages

Status Change Information

Close Date
2013-05-31
Under Contract Date
2013-03-15
Status Change Timestamp
2013-07-12
Close Price
2800000
Sold Price per SqFt
60.2617

More Information

Unit 1

Unit #
45
# of Bedrooms
2
# Full Baths
Yes
Monthly Rent
625

Unit 2

Unit #
3
# of Bedrooms
Yes
# Full Baths
Yes
Monthly Rent
570

Parking Details

# of Carports
48
# of Other Parking
73

Income and Expenses (Annual Amounts)

Gross Income
337560
Listing Office: Fratzke Commercial R.E. Advisors
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.