Multifamily Housing
20540 Northeast Empire Avenue Bend, OR 97701
Details & Description
Price: $8,860,000
    Luxury Townhomes located in the heart northeast Bend. Units offered are part of a 76-unit SFR master planned development, one of Bend’s newest luxury townhome communities. Well-positioned to capture the equivalent renter demographic while adding available rental inventory to a high demand, low inventory marketplace. 36- units have since been completed and sold. The remaining 17-unit portfolio is currently under construction with an expected completion date of January and March 2023.
    Property Highlights
    Additional Photos
    Listing Agents
    Chuck Brazer

    O: 541-706-9370
    M: 503-734-7175
    cbrazer@naicascade.com
    Walt Ramage

    O: 541-706-9370
    M: 541-771-8260
    wramage@naicascade.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    20540 Northeast Empire Avenue

    Bend, OR 97701

    Listing ID: 299556
    • 20540 Northeast Empire Avenue Bend, OR 97701 | for Sale | Photo 1
    • 20540 Northeast Empire Avenue Bend, OR 97701 | for Sale | Photo 2
    • 20540 Northeast Empire Avenue Bend, OR 97701 | for Sale | Photo 3
    • 20540 Northeast Empire Avenue Bend, OR 97701 | for Sale | Photo 4
    20540 Northeast Empire Avenue | for Sale | Thumbnail 1
    20540 Northeast Empire Avenue | for Sale | Thumbnail 2
    20540 Northeast Empire Avenue | for Sale | Thumbnail 3
    20540 Northeast Empire Avenue | for Sale | Thumbnail 4
    Building Size: 27,030 SF
    Lot Size: 0.570 AC
    Land Size: 24,829 SF
    Building $/SF: $363.67
    Land $/SF: $395.91
    Price
    $8,860,000
    Property Highlights
    Brand new Construction
    Condo Quality Finishes
    Two-Car Garages
    Three Large Floor Plan Options
    Mountain Views
    Description

    Luxury Townhomes located in the heart northeast Bend. Units offered are part of a 76-unit SFR master planned development, one of Bend’s newest luxury townhome communities. Well-positioned to capture the equivalent renter demographic while adding available rental inventory to a high demand, low inventory marketplace. 36- units have since been completed and sold. The remaining 17-unit portfolio is currently under construction with an expected completion date of January and March 2023.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Bend Area Market Trends

    Listing Demographics for 20540 Northeast Empire Avenue Bend, OR 97701

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,63548,77789,344
    Population Median Age373939
    Population by Age0-9 Yrs1185 (17%)6496 (13%)11045 (12%)
    10-19 Yrs538 (8%)5160 (10%)9834 (11%)
    20-29 Yrs982 (14%)7008 (14%)11952 (13%)
    30-39 Yrs1067 (16%)7279 (14%)13036 (14%)
    40-49 Yrs736 (11%)6722 (13%)12765 (14%)
    50-59 Yrs862 (12%)5865 (12%)10644 (11%)
    60-69 Yrs630 (9%)5106 (10%)10863 (12%)
    70+ Yrs635 (9%)5141 (10%)9204 (10%)
    Median HH Income$78,540$66,831$69,453
    Total Household Income< 24K275 (11%)3098 (15%)5364 (14%)
    25-49K395 (16%)4101 (21%)7578 (20%)
    50-74K493 (20%)3642 (18%)6597 (18%)
    75-99K318 (13%)2780 (14%)4938 (13%)
    100-199K770 (31%)4465 (22%)8591 (23%)
    200K+165 (6%)1427 (7%)3207 (8%)
    Highest Education LevelNo Diploma15316542884
    Diploma or GED882603211048
    Some College823798914843
    Assoc. Degree56334656311
    Bachelors Degree1372899717259
    Higher Degree820612311506
    Total Housing Units2,75721,14739,491
    --Owner-Occupied1,48810,73521,481
    --Renter-Occupied9278,77914,794
    Owner-Occupied Values< 100K154421124
    100-199K18404688
    200-299K10813542271
    300-399K68028635591
    400-499K29417783517
    500K+37338948290
    Total Working Age Population5,19039,09371,984
    In Work Force3,61326,89648,553
    Not In Work Force1,57612,19623,432
    Workforce Employed3,29325,47646,265
    Workforce Unemployed3201,3632,205
    Civlian Workforce3,61326,83948,470
    Military Workforce05783
    Total Households2,41519,51436,275
    Family Households1,76111,80422,594
    Non-Family Households6557,71013,681
    Married Couple1,3268,98417,436
    Other Family4352,8205,158
    Married w/Child5263,8627,238
    Single Male w/Child956371,309
    Single Female w/Child1961,1181,845

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Oregon3,421,399+123,831,074+114,264,810+114,727,438
    Deschutes County115,367+37157,733+27199,793+22244,018

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 20540 Northeast Empire Avenue in Bend?
    The asking price for 20540 Northeast Empire Avenue is $8,860,000
    What is the building size of this Multifamily property in Bend, OR?
    The size of the building/unit at 20540 Northeast Empire Avenue in Bend is 27,030 square feet
    How much land does the Bend, OR property at 20540 Northeast Empire Avenue include?
    20540 Northeast Empire Avenue in Bend includes 0.570 acres of land
    What is the population within 1 mile of 20540 Northeast Empire Avenue in Bend?
    The population within 1 mile of 20540 Northeast Empire Avenue Bend, OR 97701 is 6,635 people.
    Who do I contact for questions about 20540 Northeast Empire Avenue?
    You should contact the listing agent, Chuck Brazer, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Portland International Airport (PDX) 122
    Seattle Tacoma International Airport (SEA) 237
    Boeing Field King County International Airport (BFI) 243
    Price
    $8,860,000
    Listing Agent
    Listing Co-Agent
    Chuck Brazer - CRE Agent at

    Walt Ramage

    NAI Cascade
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