Prepared by https://www.commercialmls.com
940 NW 2nd St Prineville OR 97754
Listing #: 711487 | Status: Available | Last Modified: 4/14/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 6.40 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 2 |
| # of Floors | 2 |
| # of Units | 22 |
| Total Building SF | 20,900 SF |
| Net Rentable Area | 20,900 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 42,945 SF |
| Acres | 0.99 |
| Year Built | 1973 |
| Construction Type | Framed |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Crook |
| Market Area | Not Assigned |
| Tax ID # | 151606BA03800 |
| Zoning | C2; GENERAL COMMERCIAL |
We are pleased to present Rio Vista, a 22-unit multifamily community located in Prineville. The property consists of low-rise, townhome-style units totaling approximately 20,900 NRSF, with an average unit size of roughly 950 square feet. Originally constructed in 1973, the asset has undergone extensive upgrades, including renovations to 20 of 22 units, new metal roofing installed in 2018, and recent exterior improvements such as fresh paint and a seal-coated, restriped parking lot completed in 2020. These improvements provide residents with modernized interiors and functional, spacious layouts while minimizing near-term capital expenditure requirements. The property is offered at $4,450,000 ($202,000 per unit) and represents a turnkey, stabilized investment with meaningful upside. Curren
Rio Vista Townhouses
940 NW 2nd St Prineville OR 97754
Listing #: 711487 | Status: Available | Listing Date: 4/14/2026 | Last Modified: 4/14/2026 | Email Listing




