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2320 NW Lakeside Pl
Bend, OR 97703
Lakeside Place · Immeuble residentiel Propriété À vendre
·
81 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Full renovation 2024/25
- Excellent unit and site amenities
- Original lease-up generated waitlist of over 150 prospective renters
- Extremely high demand property
- Walking distance to downtown and Deschutes River
- All units studios with high-end finishes
Résumé de l'annonce
Second Reduction - Bring all reasonable offers
The Lakeside Place Apartments represent one of Bend’s most recent, exciting, and iconic multifamily reposition projects. Located in northwest Bend, the highly amenitized Lakeside Place has quietly commanded extreme demand in the recently over-supplied Central Oregon multifamily market. In addition, current management has successfully stabilized operations without the need for concessions or negative adjustments to asking rents, common for competing projects during the recent surge in supply. The unique unit-mix of 81 high-end studios has satisfied an extremely obvious demand for a more affordable market-rate unit that’s competitively and efficiently appointed.
Full renovation of all five (5) buildings (A, B, C, D, E), all interiors, parking and sitework was completed in phases with the final occupancy permit finaled early this year (building B). All above and below ground systems and components of the entire site have been completely replaced. Lakeside Place is currently 97% occupied as of March 2025. Two units in the most recently opened B building are offline, one for further renovation and the other for expansion to accommodate an on-site manager (estimated completion August 2025). NOTE: There are three (3) internal rooms (not part of the 81-units ) that do not have proper egress for occupancy but could be utilized for storage, library, game room or business center.
Lakeside Place is situated on 2.61 acres and located one mile north of downtown Bend, one mile south of the Highway 20 commercial corridor, two miles south of the Golden Triangle and walking distance to the Deschutes River. The immediate location is primarily residential with well-established, new, or higher-end homes along the rim of the Deschutes River. Also within the immediate location are a small assortment of boutique commercial, office and retail spaces. Most notable would be the Boneyard Pub located just one quarter mile to the south of the subject property.
See OM for additional information on operations and recent renovation.
The Lakeside Place Apartments represent one of Bend’s most recent, exciting, and iconic multifamily reposition projects. Located in northwest Bend, the highly amenitized Lakeside Place has quietly commanded extreme demand in the recently over-supplied Central Oregon multifamily market. In addition, current management has successfully stabilized operations without the need for concessions or negative adjustments to asking rents, common for competing projects during the recent surge in supply. The unique unit-mix of 81 high-end studios has satisfied an extremely obvious demand for a more affordable market-rate unit that’s competitively and efficiently appointed.
Full renovation of all five (5) buildings (A, B, C, D, E), all interiors, parking and sitework was completed in phases with the final occupancy permit finaled early this year (building B). All above and below ground systems and components of the entire site have been completely replaced. Lakeside Place is currently 97% occupied as of March 2025. Two units in the most recently opened B building are offline, one for further renovation and the other for expansion to accommodate an on-site manager (estimated completion August 2025). NOTE: There are three (3) internal rooms (not part of the 81-units ) that do not have proper egress for occupancy but could be utilized for storage, library, game room or business center.
Lakeside Place is situated on 2.61 acres and located one mile north of downtown Bend, one mile south of the Highway 20 commercial corridor, two miles south of the Golden Triangle and walking distance to the Deschutes River. The immediate location is primarily residential with well-established, new, or higher-end homes along the rim of the Deschutes River. Also within the immediate location are a small assortment of boutique commercial, office and retail spaces. Most notable would be the Boneyard Pub located just one quarter mile to the south of the subject property.
See OM for additional information on operations and recent renovation.
Faits sur la propriété Sous contrat
| Prix par unité | 216 935 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 2,06 AC |
| Taux de capitalisation | 6,05% | Taille du bâtiment | 40 500 pi² |
| Multiplicateur du loyer brut | 10.35 | Occupation moyenne | 98% |
| Nombre d’unités | 81 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1981 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 2,66/1 000 pi² |
| Style d’appartement | Jardin | Zone de développement économique |
Oui
|
| Zonage | GI | ||
| Prix par unité | 216 935 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,05% |
| Multiplicateur du loyer brut | 10.35 |
| Nombre d’unités | 81 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 2,06 AC |
| Taille du bâtiment | 40 500 pi² |
| Occupation moyenne | 98% |
| Nombre d’étages | 2 |
| Année de construction | 1981 |
| Ratio de stationnement | 2,66/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | GI |
Commodités
Commodités des unités
- Climatisation
- Laveuse/Sécheuse
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
- Congélateur
Commodités du site
- Accès 24 heures
- Accès contrôlé
- Clubhouse
- Cour
- Centre de conditionnement physique
- Installations de lessive
- Gestionnaire d'immeuble sur place
- Entreposage de vélo
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 81 | - | 299 - 654 |
Impôts fonciers
| Numéro de lot | 101322 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 10 637 268 $ CAD |
Impôts fonciers
Numéro de lot
101322
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
10 637 268 $ CAD
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