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8576 NW Mecca Rd 441 SF Specialty Building Offered at $1,293,585 at a 5.30% Cap Rate in Madras, OR 97741
Executive Summary
This is your chance to own an income property on the beautiful Deschutes River! 17 spaces that lease for around $500.00 a month. Nice common laundry with two commercial coin-operated washers and dryers and a bathroom. Besides the 16 trailer spaces, there is a small stick-built cabin. The property includes a riverfront frame house that needs remodeling. Fix this house up and live on the river while you bring in $8,000 a month! The infrastructure has been upgraded and well maintained. These types of investments are hard to find, act fast! Please do not "drive through". We want to respect the privacy of the tenants.
Property Facts
About 8576 NW MECCA RD , MADRAS, OR 97741
Located right on the Deschutes River. Clean and gentle slope. Nice green open spaces. Deck extends over the river.
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 091330-00-00300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $348,280 |
Property Taxes
Parcel Number
091330-00-00300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$348,280
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Contact the Sale Advisor
8576 NW Mecca Rd