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    2320 NW Lakeside Pl Bend, OR 97703

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    For Sale
    $12,900,000

    Recently renovated, high-demand studio apartments near downtown Bend.

    Property size:
    31,947 SF

    Property Features for 2320 NW Lakeside Pl

    General Information

    Size
    31,947 SF

    Building Details

    Year built
    1965

    Source: Chuck Brazer Agent Chuck Brazer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bend Multifamily Reposition Project

    The Lakeside Place Apartments, located in northwest Bend, represent a multifamily reposition project. The property features 81 studio units with high-end finishes. A full renovation was completed in 2024/25, including replacement of all systems and building components. The property has on-site amenities and is within walking distance to downtown and nearby amenities. The original lease-up in September 2023 generated a waitlist of over 150 potential renters. The property has maintained stable operations without rent concessions during a period of excess supply in the Central Oregon multifamily market. The property size is 31947 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakeside Place Apartment Complex

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bend
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.3074626
    Latitude
    44.0728244

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    FAQs

    What type of property is this?
    Apartment building - Recently renovated, high-demand studio apartments near downtown Bend.
    Where is this apartment building located?
    The property is located at 2320 NW Lakeside Pl Bend, OR.
    What is the asking price?
    The asking price for this property is $12,900,000.
    What are key features of this property?
    This property features: - High-demand property in an over-supplied market, demonstrating strong appeal.; - Prime location within walking distance to downtown Bend and other amenities.; - Successful stabilization of operations without rent concessions, indicating financial strength.
    (503) 734-7175
    Request Owner's contact information
    2320 NW Lakeside Pl Bend, OR 97703
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    Bend, OR 97703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2320 NW Lakeside Pl Bend, OR 97703
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