2598 NW Spruce Cone, Redmond, OR 97756

$6,240,000

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List Price
$6,240,000
MLS#
220223934
Status
ACTIVE
City
Redmond
County
Deschutes
Year Built
2022

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.

Additional Information

Taxes
$44,072
Acres
1.04
Water
Public
Heating
Zoned
Foundation
Slab
Flooring
Carpet, Laminate
Elementary School
Tom Mccall Elem
Middle School
Elton Gregory Middle
High School
Redmond High

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Calculator source: Real Geeks

Listing courtesy of Compass Commercial Real Estate.

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