127 unit garden style apartment project on the corner of West 18th Ave and Bailey Hill Rd. Property is one tax lot and 13.5 acres with abundant open/green spaces, community room, rec room, basketball court and playground. All units have a ductless heating/cooling unit installed last year. Most buildings have had roofs replaced over the last 10 years. Call the listing agent or have your broker call for a marketing package with all financial information for the project.
Listing courtesy of Century 21 North Homes Realty, agent Corey Clark
Data last updated July 12, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $19,600,000 · $4,900,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $122,500 ($104,125–$140,875) · starting estimate. Edit to your own number.
At $24,500,000 with 20% down, this property runs $52,866 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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