Log In/Sign Up
Your email has been sent.
2125 SW Xero Ln 6 Unit Apartment Building $1,099,000 ($183,167/Unit) 6.37% Cap Rate Redmond, OR 97756
INVESTMENT HIGHLIGHTS
- Single Level
- Level 2 EV charging and new electrical panels for all 6 units and the utility room. 7 total Level 2 chargers.
- Onsite Laundrymat
EXECUTIVE SUMMARY
Nicer than new & highly upgraded 6-unit apartment complex w/all units on one level, brand new electrical panels and level 2 EV charging for each unit, 3 parking spots per unit, a coin-op laundromat, & a large yard w/mature & safely located/shaped trees all maintained via sprinkler system. The roof is newer & recently had upgraded ventilation added. The exterior paint was recently redone. Several of the units have new LVP flooring & all are in very good condition. Five of the units are 784sf w/2 beds & 1 bath & all have an identical layout. The kitchens are generous & have exterior vented range hoods. Bathrooms all have a tub/shower combo & are well ventilated. The layout is open & the one-bedroom unit is identical to the others but is missing the front bedroom. The onsite laundromat fills that corner & has coin op units that are in great shape. Quick access to Bend & all of Redmond through unclogged roadways & existing/upcoming trails make this apartment tough to beat!
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,099,000 | Apartment Style | Low-Rise |
| Price Per Unit | $183,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.57 AC |
| Cap Rate | 6.37% | Building Size | 4,844 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.68 | No. Stories | 1 |
| No. Units | 6 | Year Built | 1972 |
| Property Type | Multifamily | Parking Ratio | 3.72/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R4 - R4 | ||
| Price | $1,099,000 |
| Price Per Unit | $183,167 |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 11.68 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 4,844 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 3.72/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 - R4 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Lawn
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 650 |
| 2+1 | 5 | - | 790 |
1 1
PROPERTY TAXES
| Parcel Number | 124724 | Total Assessment | $322,320 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
124724
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$322,320 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 64
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2125 SW Xero Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.