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Echo River Farms 10 W Sprague St 2,200 SF 100% Leased Flex Building Echo, OR 97826 $1,200,000 ($545.45/SF)



Investment Highlights
- Three-Plus Rental or Lease Income Streams, Riverfront Property, Seller will Carry Contract
Executive Summary
This amazing 22-acre property offers privacy, seclusion, and a peaceful, natural environment with endless possibilities for enjoyment and several income-producing features. It includes a small vineyard, a charming 3 Bedroom, 2.5 Bath 2-story home, and a consistently rented, income-producing Garage Apartment for short- or long-term use, two (2) rentable RV spaces at approximately $600 per month, an income-producing campground, and leasable or personally usable farm/ranchland. Four (4) tax lots are included in the sale. Water rights certificate on file for 3 acres. The property features gorgeous walkways on the river bank and through unspoiled wooded areas. This property is close to quaint, historic Downtown Echo: Nick's Corner Bistro and Coffee Shop, the H & P Cafe, a beautiful Public Library, local wineries, Echo Historical Museum, and Fort Henrietta Park, a historic site that comprises the Covered Wagon Museum and the Antique Fire Equipment Museum. Echo Hills Golf Course is located 1 mile away; 3.5 miles to Sno Road Winery Walking Trails; 25 miles historic Pendleton's Round-Up grounds and Hall of Fame Museum. Current leases for farming/ranching and well-established campground on included parcels are negotiable. Lessees have agreed to terminate their leases or to remain, Buyer's choice. Find your Happy Place fishing in your own Steelhead hole on the beautiful Umatilla River! Seller will carry contract at 5.5% interest or less, depending on size of Down Payment.
Property Facts
| Price | $1,200,000 | Rentable Building Area | 2,200 SF |
| Price Per SF | $545.45 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 2007 |
| Property Type | Flex | ||
| Zoning | Residential/Recreational - Buyer use Due Diligence, check with County Sources | ||
| Price | $1,200,000 |
| Price Per SF | $545.45 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Rentable Building Area | 2,200 SF |
| No. Stories | 2 |
| Year Built | 2007 |
| Zoning | Residential/Recreational - Buyer use Due Diligence, check with County Sources |
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Property Taxes
| Parcel Number | 156448 | Improvements Assessment | $167,910 |
| Land Assessment | $40,000 | Total Assessment | $207,910 |
Property Taxes
Parcel Number
156448
Land Assessment
$40,000
Improvements Assessment
$167,910
Total Assessment
$207,910
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Echo River Farms | 10 W Sprague St
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