2598 Spruce Cone, Redmond, OR 97756
2598 Spruce Cone, Redmond, OR 97756
2598 Spruce Cone, Redmond, OR 97756
2598 Spruce Cone, Redmond, OR 97756
2598 Spruce Cone, Redmond, OR 97756
2598 Spruce Cone, Redmond, OR 97756
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$ 6,240,000
Est. payment | /mo

23,178 SqFt


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$ 6,240,000
Est. payment | /mo
Save

23,178 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,178 sqft

Price per Sqft $269

Subdivision Dry Canyon

MLS Listing ID 220223934

Style Traditional

Year Built 2022

Annual Tax Amount $44,072

Lot Size 1.040 Acres

Acres 1.04

Lot Dimensions 1.04

Property Sub-Type Multi Family

Property Description

Hatch Townhomes offers investors the opportunity to acquire a newer townhome portfolio in Redmond's Dry Canyon area. The offering includes 16 total units across eight duplex buildings, with a mix of 14 three-bedroom townhomes and two two-bedroom townhomes. Units feature attached 2-car garages, modern finishes, and layouts ranging from 1,370 SF to 1,460 SF.
The portfolio is 100% occupied and professionally managed by High Desert Property Management. Current in-place rents remain below market for several units, creating a clear mark-to-market opportunity as scheduled increases take effect and leases renew. With 16 individual tax parcels, newer construction, and a park-adjacent setting near the Dry Canyon trail system, Hatch Townhomes offers stable current income with future pricing flexibility.

Location

State OR

County Deschutes

Community Dry Canyon

Interior

Heating Zoned

Cooling Zoned

Exterior

Parking Features Driveway, On Street

Roof Type Composition

Building

Foundation Slab

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Schools

High Schools Redmond High

Others

Senior Community No

Tax ID 280764

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Compass Commercial Real Estate

Nearby Locations

The Kromm Team

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(541) 410-1201

kromms@krommrealestate.com

Bend Oregon, United States

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2598 Spruce Cone