LISTING DETAILS

Rio Vista Townhouses

940 NW 2nd St Prineville OR 97754

Listing #: 711487 | Status: Available | Last Modified: 4/14/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate6.40 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Building Information
Building StatusExisting
# of Buildings2
# of Floors2
# of Units22
Total Building SF20,900 SF
Net Rentable Area20,900 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF42,945 SF
Acres0.99
Year Built1973
Construction TypeFramed
Property Type
Property TypeMulti-Family
Location
CountyCrook
Market AreaNot Assigned
Tax ID #151606BA03800
ZoningC2; GENERAL COMMERCIAL

Rio Vista Townhomes

Public Comments

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

For Sale

Rio Vista Townhouses

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