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Kierra Place Townhomes 888 SE Kierra Pl 12 Unit Apartment Building For Sale Madras, OR 97741

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Executive Summary

Investment Opportunity! Twelve townhomes in Madras offered together as a portfolio sale. All units are 100% occupied, bringing in $19,115 per month in rent with a consistent rental history. Each property has been professionally maintained and is located near schools, parks, and community amenities. This is an ideal option for investors seeking immediate income and long-term growth potential in Central Oregon. Units may also be purchased in groups of four, allowing flexibility for portfolio diversification or step-in expansion. Detailed rent rolls, leases, and expense information available upon request. A rare chance to secure multiple income-producing assets in one offering.

Property Facts

Sale Type	Investment	Lot Size	2.27 AC
No. Units	12	Building Size	31,174 SF
Property Type	Multifamily	No. Stories	1
Property Subtype	Apartment	Year Built	2006
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	Residential

Sale Type	Investment
No. Units	12
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	2.27 AC
Building Size	31,174 SF
No. Stories	1
Year Built	2006
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential

Unit Amenities

Air Conditioning
Heating

Kitchen
Refrigerator

Oven
Range

Tub/Shower
Smoke Free

Site Amenities

24 Hour Access
Controlled Access

Tenant Controlled HVAC
Recycling

Smoke Free
Walk-Up

Smoke Detector

Property Taxes

Parcel Numbers	Multiple 111312-CD-12100 111312-CD-11700 111312-CD-11900 111312-CD-10700 111312-CD-12700 111312-CD-12300 111312-CD-10900 111312-CD-12600 111312-CD-12000 111312-CD-11600 111312-CD-11500 111312-CD-11300 111312-CD-12400 111312-CD-12500 111312-CD-12800 111312-CD-11100 111312-CD-12200 111312-CD-11800 111312-CD-10800 111312-CD-11000 111312-CD-11200 111312-CD-11400	Improvements Assessment	$0 CAD
Land Assessment	$0 CAD	Total Assessment	$2,980,169 CAD