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Fully Entitled Land - 11-Unit MHP Development 51366 Preble Way Lot | Terrain commercial | 0,36 ha | À vendre | 186 435 € | La Pine, OR 97739

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Approved plans for 11 modular homes
  • Close to nearby commercial and retail
  • Full quotes obtained for modular home costs and shipping
  • Clear Phase 1
  • Permit ready with payment of SDCs & infrastructure review
  • $2,050,000 completion valuation

RÉSUMÉ ANALYTIQUE

For sale is 0.89 acres of commercial/residential mixed-use land located at 51366 Preble Way in La Pine, Oregon. Approvals have been received for an 11 space modular home park. Approvals were granted March 22, 2024, and are valid for 2 years. Quotes are available for manufactured dwelling units (by Fleetwood) along with shipping rates to site. Units include eight 2-BR / 1-BA manufactured homes that are 640 square feet and three 3-BR / 2-BA manufactured homes that are 880 square feet. The homes will be permanently affixed to the real estate and leased to tenants with the underlying homesite.
Based on proforma income & expenses endorsed by recent appraisal, completed valuation of a stabilized project is near $2,050,000 based on a market cap rate of 7% supported by recent and local sales comparables.

INFORMATIONS SUR L’IMMEUBLE

Prix 186 435 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Parc pour maisons préfabriquées pu mobil-homes
Surface totale du lot 0,36 ha
Zonage CRMX - Usage mixte commercial/résidentiel

1 LOT DISPONIBLE

Lot

Prix 186 435 €
Prix par ha 517 629,41 €
Surface du lot 0,36 ha

DESCRIPTION

The subject property is located within the city limits of La Pine in Deschutes County in the foothills of the Cascade Mountains in central Oregon. La Pine was originally settled in the 1800s by French fur traders; however, the city was not incorporated until 2006, making it the youngest city in Oregon. Today, La Pine is a small tourism town with recreational opportunities including fishing, hiking, rafting, mountain biking, and more as it is surrounded by meadows, lakes, and rivers. Primary access to the subject neighborhood is provided by U.S. Route 97 (US 97) which is a major north/south highway that travels through La Pine. US 97 runs from the California border, south of Klamath Falls, to the Washington border on the Columbia River, between Biggs Junction, Oregon and Maryhill, Washington. US 97 is known as The Dalles-California Highway. The Commercial/Residential Mixed-Use (CRMX) Zone is intended primarily as a smaller scale, service and office commercial district with associated residential that may consist of upper-level units. A live-work design concept within the mixed-use district serves as a buffer between the C zone and residential zones. Commercial uses are allowed in the zone but are limited in order to facilitate a mixed-use development pattern. The proposed improvements represent a legally conforming and permitted use.

  • ID de l’annonce: 38012877

  • Date de mise sur le marché: 09/10/2025

  • Dernière mise à jour:

  • Adresse: 51366 Preble Way, La Pine, OR 97739

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