Redmond, OR 97756,215 Canal BLVD
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Redmond, OR 97756,215 Canal BLVD
Redmond, OR 97756,215 Canal BLVD
Redmond, OR 97756,215 Canal BLVD
Redmond, OR 97756,215 Canal BLVD
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Team OR + WA

Team OR + WA

+1(503) 773-9006
$ 1,450,000
Est. payment /mo
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Active

215 Canal BLVD Redmond, OR 97756

7,978 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,978 sqft

Price per Sqft $181

Subdivision Sothmans

MLS Listing ID 220199856

Style Bungalow,Ranch,Traditional

Year Built 1972

Annual Tax Amount $10,943

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 0.9

Property Sub-Type Multi Family

Property Description

Canal Commons consists of 8 single family homes and 1 duplex all on one tax lot. Total of 10 units. Five manufactured homes and five stick built. 100% occupied. The property offers strong cash flows with a 7.4% cap rate. Please refer to attached offering memorandum in documents section for rent roll and expenses.
Tenants are separately metered for gas and electric. Owner pays water, sewer, and trash with some tenant bill backs in place.
Located in the heart of Redmond, the property offers convenient access to local amenities and transportation routes. Its central location makes it an attractive option for residents seeking proximity to downtown Redmond and other key areas. The property sits directly off NW Canal Blvd, a growing mixed-use spine that has seen increased interest from developers due to recent zoning updates and urban renewal efforts

Location

State OR

County Deschutes

Community Sothmans

Rooms

Basement None

Interior

Heating Electric, Forced Air

Cooling None

Exterior

Parking Features Asphalt, Attached Carport, Driveway, Gravel, On Street

Community Features Gas Available, Park

Roof Type Composition,Membrane

Building

Foundation Slab, Stemwall, None

Water Public

Architectural Style Bungalow, Ranch, Traditional

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools Redmond High

Others

Senior Community No

Tax ID 122923

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Data Share
Listed by Compass Commercial Real Estate

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 8
  • 6

    Sage Elementary School

    Public | KG - 5

  • 6

    John Tuck Elementary School

    Public | KG - 5

  • 5

    Tom McCall Elementary School

    Public | KG - 5

  • 4

    Vern Patrick Elementary School

    Public | KG - 5

  • 2

    M. A. Lynch Elementary School

    Public | KG - 5

  • 0

    St Thomas Academy

    Private | PK - 5

  • 0

    Evergreen Academy

    Private | PK - KG

  • 0

    Central Christian School

    Private | PK - 12

Middle Schools 3
  • 6

    Elton Gregory Middle School

    Public | 6 - 8

  • 5

    Obsidian Middle School

    Public | 6 - 8

  • 5

    Redmond Proficiency Academy

    Public | 6 - 12

High Schools 1
  • 3

    Redmond High School

    Public | 9 - 12

School and business data provided by Attom Data.

215 Canal BLVD