Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
2511-2598 NW Spruce Cone Ln
Redmond, OR 97756
Asking Price
$6.24M
Cap Rate
4.74%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
2511-2598 NW Spruce Cone Ln, Redmond, OR 97756 <ul><li>16 Units on 1.04 Acres</li><li>100% Occupied</li><li>Mixed 2 & 3 Bed Townhome Units</li><li>Eight Duplexes on 16 Tax Parcels</li><li>Professionally Managed</li><li>Cap Rate: 4.74% In-Place 4.88% Market</li><li>Newer Construction</li><li>Attached 2-Car Garages</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
1.28%
DSCR
0.22
Underwater
Cash-on-Cash
-15.52%
Monthly Payment
$30,872.115
Annual Cash Flow
$-290,465.384