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2598 NW Spruce Cone Ln, Redmond, OR, 97756

--beds
0baths
23,178sqft
$6,240,000
$269price/sqft
$41,505/moest. monthly cost
$1,660,200/yrincome needed

About This Home

Hatch Townhomes offers investors the opportunity to acquire a newer townhome portfolio in Redmond's Dry Canyon area. The offering includes 16 total units across eight duplex buildings, with a mix of 14 three-bedroom townhomes and two two-bedroom townhomes. Units feature attached 2-car garages, modern finishes, and layouts ranging from 1,370 SF to 1,460 SF. The portfolio is 100% occupied and professionally managed by High Desert Property Management. Current in-place rents remain below market for several units, creating a clear mark-to-market opportunity as scheduled increases take effect and leases renew. With 16 individual tax parcels, newer construction, and a park-adjacent setting near the Dry Canyon trail system, Hatch Townhomes offers stable current income with future pricing flexibility.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
4/10
4/10
Redmond High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Multi Family,Townhouse

Interior

Features

  • Flooring: Carpet,Laminate
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: Zoned

Interior Area

  • Total structure area: 23,178
  • Total interior livable area: 23,178 sqft

Property

Details

  • Parcel number: 280764
  • Zoning description: R5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1.04 Acres

Parking

  • Parking features: Driveway,On Street
  • Has uncovered spaces: Yes