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More details for 940 NW 2nd St, Prineville, OR - Multifamily for Sale

Rio Vista Apartments - 940 NW 2nd St

Prineville, OR 97754

  • Golf Course
  • Multifamily for Sale
  • $6,043,100 CAD
  • 20,900 SF
  • Kitchen

Prineville Multifamily for Sale - Crook County

Northmarq is pleased to present Rio Vista, a 22-unit multifamily community located in Prineville. The property consists of low-rise, townhome-style units totaling approximately 20,900 NRSF, with an average unit size of roughly 950 square feet. Originally constructed in 1973, the asset has undergone extensive upgrades, including renovations to 20 of 22 units, new metal roofing installed in 2018, and recent exterior improvements such as fresh paint and a seal-coated, restriped parking lot completed in 2020. These improvements provide residents with modernized interiors and functional, spacious layouts while minimizing near-term capital expenditure requirements. The property is offered at $4,450,000 ($202,000 per unit) and represents a turnkey, stabilized investment with meaningful upside. Current NOI is $284,783, reflecting a 6.4% in-place cap rate. The asset is 95% occupied, demonstrating strong tenant demand and operational stability. In-place rents remain approximately 6.01% below market, presenting a clear opportunity for revenue growth through mark-to-market adjustments. The community features surface parking with two spaces per unit, further enhanced by the recently improved parking lot, contributing to resident convenience and overall competitiveness within the submarket. Ideally located less than a block from the Crook County Library and adjacent to Gervais Park, the property offers direct access to the Crooked River, scenic views of the Ochoco Mountains, and proximity to Meadow Lakes Golf Course. Prineville is situated in one of the Western U.S.’s fastest-growing regions, with population growth exceeding 38% since 2000 and continued momentum—supporting long-term rental demand.

Contact:

Northmarq

Property Subtype:

Apartment

Date on Market:

2026-04-14

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More details for 46914 US-101, Bandon, OR - Retail for Sale

Formerly DBA West Coast Game Park - 46914 US-101

Bandon, OR 97411

  • Golf Course
  • Retail for Sale
  • $2,444,400 CAD
  • 5,264 SF

Bandon Retail for Sale

Unlock a once-in-a-lifetime commercial opportunity at the former West Coast Game Park—a legendary destination now ready for its next visionary owner. Set on 20.24 acres of C-1 commercial land with an incredible 714' of prime Highway 101 frontage, this high-visibility property offers limitless potential for a new business venture. The site features a storefront/gift shop building, an impressive custom event gazebo, multiple fenced areas, restrooms, and numerous outbuildings plus two large 40’ x 60’ metal shops and ample parking for dozens of vehicles with easy highway access. Included are two residences: a caretaker’s double-wide home with a detached double garage located near the former business area, and on the southern portion of the property you'll find a massive 5,136-square-foot custom home with stunning stucco exterior and metal roof, currently unfinished but fully framed and ready for completion, showcasing remarkable architectural character inside and out. Positioned just minutes from world-class destinations like Bandon Dunes Golf Resort, Bandon Crossings Golf Course and only 7 miles from the vibrant coastal town of Bandon, this property presents endless possibilities for tourism, recreation, hospitality, or a visionary new enterprise. Offered at an exceptional value and sold AS-IS, this is a true once-in-a-lifetime investment for qualified cash buyers ready to bring new life and energy to an unforgettable property. Shown by appointment only.

Contact:

Coast Properties Group | eXp Realty

Date on Market:

2026-04-08

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More details for 1820 E 28th Ave, Eugene, OR - Multifamily for Sale

The Ducking Castle Estate - unmatched income! - 1820 E 28th Ave

Eugene, OR 97403

  • Golf Course
  • Multifamily for Sale
  • $1,697,500 CAD
  • 2,552 SF

Eugene Multifamily for Sale - Lane County

Where Whimsy Meets Wealth-Building Potential! Tucked behind Laurelwood Golf Course in the coveted South Hills, this is not just a property—it’s a rare income-producing asset. Originally built in 1975 yet rich with centuries-old charm, this one-of-a-kind castle has been transformed into a high-performing short-term rental generating over $100,000 annually (up by 25% this year so far), with four potential rentable spaces designed to maximize revenue and guest experience. Based on current performance, this asset offers an estimated 6.4% cap rate (and rising with this year's numbers), positioning it as a compelling opportunity for investors seeking both yield and long-term appreciation. The current production is more than satisfactory but, there is still room to maximize even more! Proven Income. Documented Performance. According to the 2025 earnings report: - Gross Earnings: $100,917+ annually - Net Payout: $97,091+ after fees - Cleaning, maintenance and property taxes = roughly $20,000.00 - 319 nights booked (2025) with consistent year-round demand Revenue is diversified across: - The Castle (primary residence) - The Cottage (detached ADU) - Combined bookings (premium and diverse experience offerings) - Detached garage is untapped income potential as it is not currently being rented out This is not a speculative Airbnb—it is a fully operational, income-generating asset with a track record. The Asset Breakdown: The Castle | 2,020 SQFT | 3 Levels A fully immersive guest experience featuring: - Vaulted beamed ceilings & dramatic stonework - Gourmet kitchen with oversized island & granite counters - Tower wing bedroom with additional flex space above and two more bedrooms upstairs - Designated laundry room with it's own exterior entry - Finished basement studio with private entrance, kitchenette & bath ( Can be closed off from main castle to be it's own rentable space) Detached ADU | 532 SQFT - Full kitchen, bathroom & upstairs bedroom - Ideal for independent bookings or extended stays Additional Value-Add Features: - Garage is converted into a workspace currently but could easily be a game room, rentable storage or it's own studio with the addition of a bathroom (future expansion potential) - 3 fireplaces + efficient mini-split systems - Hot tub / EV-ready potential - Private and wooded in the heart of South Eugene (premium guest appeal) Why This Investment Works: In today’s short-term rental landscape, uniqueness drives premium pricing and occupancy. While standard homes compete on price, this property competes on experience. A castle isn’t just rare—it’s market-resistant since it's the experience the guests are after. Guests don’t compare it to anything else… because they can’t. The Opportunity For the investor: - A turnkey, income-producing property with strong historical performance, multiple revenue streams, and brandable identity. For the visionary: - A personal retreat that pays for itself—where lifestyle and leverage align. This is the kind of property that doesn’t sit in a portfolio… it defines it.

Contact:

Triple Oaks Realty

Property Subtype:

Multi Family

Date on Market:

2026-03-31

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More details for 1913 NE 73rd Ave, Portland, OR - Multifamily for Sale

The Astoria - 1913 NE 73rd Ave

Portland, OR 97213

  • Golf Course
  • Multifamily for Sale
  • $13,580,000 CAD
  • 57,432 SF
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More details for 10 W Sprague St, Echo, OR - Specialty for Sale

Echo River Farms - 10 W Sprague St

Echo, OR 97826

  • Golf Course
  • Specialty for Sale
  • $1,473,430 CAD
  • 2,200 SF

Echo Specialty for Sale

Seller will carry contract at 5% interest with Down Payment of $350.000. Interest Rate Negotiable for Down Payments above $350,000. This amazing 22-acre property offers privacy, seclusion, and a peaceful, natural environment with endless possibilities for enjoyment and several income-producing features. It includes a small vineyard, a charming 3 Bedroom, 2.5 Bath 2-story home, and a consistently rented, income-producing Apartment above the Garage for short- or long-term use; rentable RV spaces at approximately $600 per month; an income-producing campground, and leasable or personally usable farm/ranch land. Four (4) tax lots are included in the sale. Water rights certificate on file for 3 acres. The property features gorgeous walkways on the river bank and through unspoiled wooded areas. This property is close to quaint, historic Downtown Echo: Nic's Corner Bistro and Coffee Shop, the H & P Cafe, a beautiful Public Library, local wineries, Echo Historical Museum, and Fort Henrietta Park, a historic site that comprises the Covered Wagon Museum and the Antique Fire Equipment Museum. Echo Hills Golf Course is located 1 mile away; 3.5 miles to Sno Road Winery Walking Trails; 25 miles historic Pendleton's Round-Up grounds and Hall of Fame Museum. Current leases for farming/ranching and well-established campground on included parcels are negotiable. Lessees have agreed to terminate their leases or to remain, Buyer's choice. Find your Happy Place fishing in your own Steelhead hole on the beautiful Umatilla River!

Contact:

Windermere Pacific West Properties, Inc.

Property Subtype:

Residential Income

Date on Market:

2026-01-24

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More details for 0 NE Devil's Lake Blvd, Lincoln City, OR - Land for Sale

Lincoln Highlands - 0 NE Devil's Lake Blvd

Lincoln City, OR 97367

  • Golf Course
  • Land for Sale
  • $5,364,100 CAD
  • 21.48 AC Lot
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More details for 2275 NE Division St, Gresham, OR - Multifamily for Sale

Eagle Rock Apartments - 2275 NE Division St

Gresham, OR 97030

  • Golf Course
  • Multifamily for Sale
  • $3,659,810 CAD
  • 18,096 SF

Gresham Multifamily for Sale

Constructed in 1970, Eagle Rock features 18 well-maintained apartment units across three buildings on a 0.93-acre lot, backing up to a golf course. An existing loan with a 4.75% interest rate and +/- $1.7M balance is assumable through March of 2028 before adjusting. The unit mix includes sixteen (16) two-bedroom/one-bath units averaging ±960 SF, and two (2) three-bedroom/one-and-a-half bath units averaging ±1,200 SF. Residents benefit from spacious floor plans with private decks or patios, all arranged around a charming courtyard that backs directly onto a beautiful golf course. Three (3) of the eighteen (18) units feature in-unit washer and dryer hookups while the others share an on-site laundry facility. Tenants enjoy covered parking stalls and energy-efficient vinyl windows, all contributing to an attractive and comfortable living environment. Over the past several years, the ownership has continued to invest back into the property; approximately $400,000 has been spent on capital improvements, enhancing both its functionality and tenant appeal. Upgrades include new roofs (2019), new plumbing and full unit renovations of six (6) units in 2024, landscaping improvements, and an upgraded site drainage system (2024). Eagle Rock offers tenants an exceptionally convenient location along NE Division Street in Gresham, Oregon. The property is surrounded by key neighborhood amenities, including multiple parks, Legacy Mount Hood Medical Center, and Mt. Hood Community College. Positioned along one of Gresham’s primary east–west corridors, Division Street provides excellent visibility and accessibility for residents and visitors alike. The property sits just five blocks south of E Burnside Street, which features TriMet’s award-winning MAX Light Rail line, connecting Downtown Portland, Gresham, and the greater metro area. The Cleveland Avenue MAX Station, located approximately seven blocks away, offers a quick and convenient public transit option.

Contact:

Kidder Mathews

Property Subtype:

Apartment

Date on Market:

2025-11-17

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More details for 1715 S Franklin St, Seaside, OR - Multifamily for Sale

River Wood Terrace Apartments - 1715 S Franklin St

Seaside, OR 97138

  • Golf Course
  • Multifamily for Sale
  • $2,152,430 CAD
  • 9,740 SF
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More details for TBD Gerone Street, Echo, OR - Land for Sale

Madison Ranches, Inc. - TBD Gerone Street

Echo, OR 97826

  • Golf Course
  • Land for Sale
  • $709,691 CAD
  • 8.71 AC Lot
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More details for 4103-4111 SE Woodstock Blvd, Portland, OR - Retail for Sale

Woodstock Square - 4103-4111 SE Woodstock Blvd

Portland, OR 97202

  • Golf Course
  • Retail for Sale
  • $2,987,600 CAD
  • 7,076 SF
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More details for 69990 E Highway 26, Rhododendron, OR - Retail for Sale

69990 E Highway 26

Rhododendron, OR 97049

  • Golf Course
  • Retail for Sale
  • $1,018,500 CAD
  • 1,800 SF
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More details for SE Davis Rd, Hillsboro, OR - Land for Sale

SE Davis Rd

Hillsboro, OR 97123

  • Golf Course
  • Land for Sale
  • $1,356,642 CAD
  • 1.09 AC Lot
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More details for 4253 Highway 101 N, Gearhart, OR - Hospitality for Sale

Windjammer Inn - 4253 Highway 101 N

Gearhart, OR 97138

  • Golf Course
  • Hospitality for Sale
  • $2,716,000 CAD
  • 15,939 SF

Gearhart Hospitality for Sale

Executive Summary A unique and versatile two-story property situated on 5.49 acres (two tax lots) with 217 feet of prime Highway 101 frontage in Gearhart, Oregon. The property is zoned C2 Commercial / Residential, allowing for flexible use. The property operates as an extended-stay motel under the long-established Windjammer Inn Motel name. The motel has operated continuously at this location since 1988, when the current owner’s father relocated and fully reconstructed the building. The property also includes a 3,623 SF storage building, in use since 1988. The site provides 77 parking spaces (averaging approximately 3 spaces per unit). Located approximately 1 mile from downtown Gearhart and ½ mile from Gearhart Golf Links and Gearhart Beach, one of the few Oregon beaches allowing vehicle access. The motel currently operates 25 units rented nightly, weekly, bi-weekly, or monthly. All units include kitchenettes, and the property offers on-site coin-operated laundry. Interiors feature a Mid-Century Modern design aesthetic. A new Duro-Last waterproof roofing system was installed in November 2025 on the 8,000+ SF roof and includes a transferable 20-year warranty. Sale includes all personal property, including appliances, televisions, furniture, tools, linens, motel supplies, and security system. Buyers to perform their own due diligence. Tax IDs: 61003BA00900 (Acct #7949) & 61003BA00800 (Acct #7943) Personal Property Acct #35433 Investment Highlights: Prime visibility with 217 feet of Highway 101 frontage Located 2.5 miles from Seaside, OR, a year-round tourist destination Surrounded by established businesses including U-Haul, Grandma’s Table, Gearhart Liquor, Sweet Relief Cannabis, Great Wall Chinese Restaurant, and Bud’s RV Park New Duro-Last 20-year roof with transferable warranty(Nov 2025) Unit Mix: 20 One-Bedroom Units – approx. 450 SF with kitchenettes 5 Two-Bedroom Units – approx. 650 SF with kitchenettes Capital Improvements & Upgrades Unit remodels and upgrades completed over the past 5 years New hot water heaters (2023–2025) and new hot water pump (2024) Septic system and drain fields updated (2016 & 2022) Energy-efficient windows and doors installed (2018) Electrical panel upgrades (2021 & 2022) New full-size kitchen appliances in all units LOMAX security camera system with live-view app Operational Advantages Extended Stay Operating License allows nightly, weekly, and monthly rentals Ability to adjust seasonal pricing No current tenant leases in place 2016 city limits on new vacation rentals create reduced competition Additional Value Approved Energy Trust of Oregon grant to upgrade exterior and interior lighting to LED and recycle fluorescent fixtures

Contact:

RE/MAX Equity Group

Property Subtype:

Hotel

Date on Market:

2024-12-12

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More details for Prineville 6 Duplex Portfolio – Multifamily for Sale, Prineville, OR

Prineville 6 Duplex Portfolio

  • Golf Course
  • Multifamily for Sale
  • $3,938,200 CAD
  • 2,400 SF
  • 6 Multifamily Properties
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