About This Home
Canal Commons consists of 8 single family homes and 1 duplex all on one tax lot. Total of 10 units. Five manufactured homes and five stick built. 100% occupied. The property offers strong cash flows with a 7.54% cap rate on in place income. Please refer to attached offering memorandum in documents section for rent roll and expenses. <br>Tenants are separately metered for gas and electric. Owner pays water, sewer, and trash with some tenant bill backs in place. <br> Located in the heart of Redmond, the property offers convenient access to local amenities and transportation routes. Its central location makes it an attractive option for residents seeking proximity to downtown Redmond and other key areas. The property sits directly off NW Canal Blvd, a growing mixed-use spine that has seen increased interest from developers due to recent zoning updates and urban renewal efforts <br>Financing available. Call broker for details.
Property Details
Based on information from Central Oregon Association of REALTORS® MLS (COAR MLS) as of June 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Equal Housing Opportunity.
Listing information is believed to be accurate but is not guaranteed. Property availability, pricing, and status are subject to change without notice. Please contact Debby Steiner directly to confirm current details. Read Disclaimer for more details