Listing ID220126509
Price$4,200,000
StatusPending
SqFt
19,000
Acres
6.010
CountyCrook
Year Built2000
Property TypeCommercial Sale
Excellent owner-user or investor opportunity zoned for light industrial that has 3 fully leased buildings with 13 shop spaces of various size, 4 storage buildings with 86 units and 80+ RV-vehicle storage spaces. There are also storage containers with 42 units. Leases are up to date and have escalation clauses in place. There is room to build improvements on 2.4 +/- acres on the west side. Manager's office with small shop/storage area.
County
Crook
Property Type
Commercial Sale
Year Built
2000
Zoning
M1
Cooling
Heat Pump
Flooring
Concrete
Heating
Electric, Natural Gas
Levels
One
Construction Materials
Frame, Steel Framing
Foundation Details
Slab
Lot Features
Fenced, Level
Lot Size Square Feet
261796
New Construction
no
Number of Parking Spaces
100
Number of Units Total
7
Parking
Yes
Parking Features
Asphalt, Gated, Gravel
Roof
Metal
Sewer
Public Sewer
Water Source
Public
Building Area Source
Other
Additional Features
ADA Comply, Separate Electric Meters, Separate Gas Meters
Business Type
Storage
Covenants, Conditions & Restrictions
no
Document Count
1
Documents on File
Schedule E
Foreign Investment in Real Property Tax Act
no
Government Overlay
Wetlands
Miscellaneous Information
Overhead/Dock Doors
Power Production
None
Preferred Escrow Company & Officer
Amerititle- April Hensley
Section
NW
Cap Rate Percentage
4.84
Confidentiality/Non-Disclosure Agreement
Yes
Estimated Gross Operating Income
275000
Estimated Total Expenses
71000
Existing Lease Type
Escalation Clause
Net Operating Income
203400
Owner Pays
Exterior Maintenance, Sewer, Taxes, Water
Special Listing Conditions
Standard
Tax Annual Amount
17163.47
Tax Map Number
141631AO
Tax Year
2020
Tenant Pays
Electricity, Gas, Insurance, Interior Maintenance, Repairs
Contact - Listing ID 220126509
Mike Connell & Alpine Real Estate
2214 NE Division St.
Bend, OR 97701
Phone: 541-480-0120
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