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    2000 SW Salmon Avenue

    Redmond, OR 97756
    • $430,000
    • STATUS: Pending
    • ON SITE: 51 days
    • MLS #: 220106840
    Pending
    UPDATED: 54 min ago
    $430,000
    • 0
      BEDS
    • 0.77
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,472
      SQFT
    • $34
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of Fred Real Estate Group.

    Description

    INVESTOR/DEVELOPER/BUILDER--13 total units ready to build!-- 8 plex and 5 plex on .77 acres in a prime location in SW Redmond in the Opportunity Zone! All planned units 2 bed 2 bath. Package includes land, full architectural and building plans, civil and structural engineering. Final stages of City of Redmond permitting process complete and ready to issue. Site Development, Building, Plumbing and Mechanical permits ready to issue. Water and sewer stubbed to lot. Shovel ready project perfect for 1031 buyers as a replacement property for Opportunity Zone capitol gain tax advantages. Total project cost including land purchase 2.6mil. Cap rate 6.18. Cash on cash return 7.23. Internal rate of return 23.96 with an equity multiple of 1.83. Estimated. Buyer to do due diligence.

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    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Central Oregon Home Pros | KW are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Central Oregon Home Pros | KW. Data last updated: .2020-10-01T16:44:46.12
    www.buysellcentraloregon.com/homes/108746661
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    2000 SW Salmon Avenue Redmond, OR 97756

    • Price: $430,000
    • Status: Pending
    • Updated: 54 min ago
    • MLS #: 220106840
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.77
    Acres
    12,472
    SQFT
    $34
    $/SQFT
    Neighborhood:
    Parkers Place
    County:
    Deschutes
    Area:
    Redmond
    Elementary School:
    Sage Elem
    Middle School:
    Obsidian Middle
    High School:
    Ridgeview High
    Property Description
    INVESTOR/DEVELOPER/BUILDER--13 total units ready to build!-- 8 plex and 5 plex on .77 acres in a prime location in SW Redmond in the Opportunity Zone! All planned units 2 bed 2 bath. Package includes land, full architectural and building plans, civil and structural engineering. Final stages of City of Redmond permitting process complete and ready to issue. Site Development, Building, Plumbing and Mechanical permits ready to issue. Water and sewer stubbed to lot. Shovel ready project perfect for 1031 buyers as a replacement property for Opportunity Zone capitol gain tax advantages. Total project cost including land purchase 2.6mil. Cap rate 6.18. Cash on cash return 7.23. Internal rate of return 23.96 with an equity multiple of 1.83. Estimated. Buyer to do due diligence.
    Exterior Features

    Architectural Style ContemporaryNorthwest Construction Materials Frame Foundation Details Slab Levels Three Or More Parking Details Numberof Carports 16 Parking Details Numberof Other Parking 14 Parking Features Parking Lot Road Surface Type Paved Roof Composition

    Interior Features

    Cooling Wall/Window Unit(S) Fireplace Features Electric Flooring ConcreteVinyl Heating Electric

    Property Features

    Additional Parcels YN No Association YN No Building Permit Issued YN Yes Building Permit Number 711-19-002246-SD CCAnd Rs YN No FIRPTAYN No Inclusions Architectural PlansStructural And Civil Engineering Incomeand Expenses Annual Amounts Cap Rate 6.18 Incomeand Expenses Annual Amounts Gross Income 227000.00 Incomeand Expenses Annual Amounts Net Operatin 154200.00 Incomeand Expenses Annual Amounts Operating Ex 61100.00 List Number Prefix 00 Listing Terms CashConventional New Construction YN Yes Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 695.05 Tax Year 2019 Water Source Public Zoning R5

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of Fred Real Estate Group.

    © 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Central Oregon Home Pros | KW are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Central Oregon Home Pros | KW. Data last updated: .2020-10-01T16:44:46.12
     
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    Central Oregon Home Pros | KW
    155 SW 6th St
    Redmond OR, 97756

    Listing courtesy of Fred Real Estate Group.