Residential Income
931 NW Carlon Avenue Bend, OR 97703
931 NW Carlon Avenue, Bend, OR, 97703
Contact for pricing
For Sale
Contact for pricing
Residential income multifamily property available for sale at 931 NW Carlon Avenue in Bend, OR.
Property Size4,416 SF
Price / SF$339.67
Days on Market89
Property Features for 931 NW Carlon Avenue
General Information
- Standard status
- Active
- Size
- 4,416 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1978
Listing agency
Compass Commercial Real Estate Services
Listed by
Ronald Ross · License #OR 810304204
Source
Crexi
Added: Apr 25 Updated: Jul 20 at 11:07PM Checked: Jul 20 at 11:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This residential income multifamily property is offered for sale at 931 NW Carlon Avenue in Bend, Oregon. The property is listed as an “other multifamily” asset type, with a total size of 4,416 square feet.
The address is provided as 931 NW Carlon Avenue, Bend, OR 97703. No additional building details, unit count, layout, or condition information were included in the available remarks.
Interested parties should review the property and supporting offering materials for further specifics on the configuration and operating details.
The address is provided as 931 NW Carlon Avenue, Bend, OR 97703. No additional building details, unit count, layout, or condition information were included in the available remarks.
Interested parties should review the property and supporting offering materials for further specifics on the configuration and operating details.
Key Highlights
- Multifamily residential income property for sale at 931 NW Carlon Avenue in Bend, OR 97703
- Built in 1978
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.3k | $25.20 |
| − Vacancy | −$8.5k | −$1.92 |
| EGI | $102.8k | $23.28 |
| − OpEx | −$46.3k | −$10.48 |
| NOI | $56.6k | $12.81 |
4,416 SF · lease $25.20/SF/yr · vacancy 7.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$807.9K
$706.9K – $942.6K
NOI $56,554 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,540 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Residential income multifamily property available for sale at 931 NW Carlon Avenue in Bend, OR.
Where is this multifamily property located?
The property is located at 931 NW Carlon Avenue Bend, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multifamily residential income property for sale at 931 NW Carlon Avenue in Bend, OR 97703; Built in 1978
