The Rapids Development Group
The Rapids Development Group specializes in creating thoughtfully appointed rental properties that support active, hassle-free lifestyles by blending the comfort of home with resort inspired living
Performance You Can Count On
451
15
Profitable Years
8x
$105M
About Us
Your Trusted Partner in Real Estate Investments
The Rapids Development Group specializes in creating resort-inspired rental properties within the most vibrant, play outside communities of Central Oregon and Coastal Southern California. Our thoughtfully designed properties are close to the most sought after recreation areas, restaurants, shopping destinations and entertainment hubs. We are actively exploring new markets that align with our investment approach and cater to the outdoor enthusiast lifestyle.
Every Rapids Development Group investment property is selected with a superior location as a top priority. We source, acquire and develop underutilized properties and maximize their value and appeal with upscale renovations.
Our investors enjoy low-risk opportunities that deliver consistently high ROIs. And our tenants enjoy high-quality construction, upscale amenities, quiet privacy, and constant security, along with an upwardly mobile path to home ownership while living life by choice, not necessity.
Active
Investments
The Rapids at Portland
- Location- Bend, Oregon
- Location within Bend- Westside, Bend
- Address- 1205-1215 NW Portland Ave Bend, OR 97703
- Purchase Price: $3,350,000 (7/2020)
- Appraised Value: $8,240,000 (5/2022)
- 16 units
- Bedrooms 2, Bathrooms 1.5, 850 square feet
- 1972 built
- 2020-2022 renovated
- Highlight on Property
Our units are efficiently organized with maximum detail and functionality in mind. These town homes are packed with unique amenities and loaded with extra storage with close access to the river, dog parks, and an on-site pet relief area.
Each unit is loaded with top-notch amenities. An indoor fireplace warms up the living room and an extensive counter space wraps the kitchen. The private covered deck is perfect for entertaining with a built-in kitchen, seating, and firepit.
The Rapids at Broadway
- Location- Bend, Oregon
- Location within Bend- Westside, Bend
- Address- 612-640 NW Broadway Street Bend, OR 97703
- Purchase Price: $1,900,000 (12/2021)
- 12 units
- 1922/1978 built
- Multiple lot Subdivision work in progress, Proposed 10 lot subdivision
- Highlight on Property
The Rapids on Broadway will be a collection of luxury, resort-style condominiums, and townhomes right on the edge of downtown. With a focus on high quality and the finer things in life, nature is not forgotten – Drake Park and the River Trail are only steps away.
In an absolutely premier location, these rentals are right on the edge of the charming Old Bend neighborhood and steps away from downtown and Drake Park. Walk or bike to all your favorite eateries and breweries in the area.
The Rapids at First Street
- Location- Bend, Oregon
- Location within Bend- Westside, Bend
- Address- 298 NW Linster Place Bend, OR 97703
- Purchase Price: $1,425,000 (12/2020)
- Pre-subdivision appraisal $1,600,000 (9/2021)
- Proposed 5 lot subdivision
- 1942 built
- Highlight on Property
These luxury corporate rentals will be situated right next to First Street Rapids Park. With a focus on high-end finishing and quality amenities. These unique private residences are only a stone’s throw away from the water.
This location is absolutely premier with direct access to the River trail and downtown. Enjoy a taste of nature close to home while still being well within reach of limitless shopping and dining opportunities. Explore the best of Bend and retreat to your personal river spot with your canine companion!
The Rapids on Revere
- Location- Bend, Oregon
- Location within Bend- Westside, Bend
- Address- 110-152 NW Revere Ave Bend, OR 97703
- Purchase Price: $1,425,000 (12/2020)
- Pre-subdivision appraisal $1,600,000 (9/2021)
- Proposed 5 lot subdivision
- 1942 built
- Highlight on Property
Coming in the summer of 2023, The Rapids on Revere offers an exciting new urban living experience in Bend. These upscale townhomes will offer a large private entertaining deck inclusive of a built-in BBQ, seating area, and fire pit. A ground-floor ADU with off-street parking can be rented as a package or separately.
Nestled between downtown and the emerging redevelopment area of the 3rd street corridor, this location will offer an exclusive urban living experience. These rentals are blocks away from the River trail and Pioneer Park – perfect for you and your canine companion. Situated at the beginning of Wall Street, it’s a straight shot right into downtown!
Closed Investments
Magnolia Manor
- Location- San Diego, California
- Location within SD- Pacific Beach, Coastal San Diego
- Address- 2669-73 Magnolia Ave 92109
- Purchase Price: $1,040,000 (11/2012)
- Sales Price: $2,150,000 (8/2019)
- 8 units
- 1952 built
- 2012-2018 renovated
Baywalk Manor
- Location- San Diego, California
- Location within SD- Pacific Beach, Coastal San Diego
- Address- 4470-82 Bond Street, San Diego 92109
- Purchase Price: $1,755,000 (7/2011)
- Sales Price: $4,850,000 (8/2019)
- 14 units
- 1957 built
- 2011-2018 renovated
Barnes Manor
- Location- Oceanside, California
- Location within SD- Oceanside, Coastal San Diego
- Address- 220 Barnes Street, Oceanside 92054
- Purchase Price: $850,000 (4/2016)
- Sales Price: $1,450,000 (7/2018)
- 6 units
- 1979 built
- 2016-2018 renovated
Leucadia Sea-Esta
- Location: Leucadia California
- Location within SD-Oceanside, Coastal San Diego
- Address: 215 Sanford Street Leucadia CA 92024
- Purchase Price $820,000(June 2023)
- Sales Price $1,900,000(Oct 2023)
- Single Family House/Development Potential
- Built 1952
- June-September 2023 Renovated
Strategy
The Rapids Development Group real estate professionals specialize in recognizing, acquiring and redeveloping underperforming rental properties. We provide low-risk, high-return opportunities for astute investors by identifying "diamonds in the rough," and then transforming them into best-in-class rental properties that generate long-term, reliable profit.
Location is a primary factor of consideration when sourcing properties. Our thoughtfully designed living spaces provide a home base for everything our tenants need to enjoy a hassle free, play outside lifestyle. Our investors receive dependable, exceptional ROIs and prompt, accessible communication with our performance-driven team.
The Team
Patrick J. Doyle
President
Patrick J. Doyle, CCIM, has been providing full service real estate brokerage, investment and property management services since founding Doyle Investment Real Estate in 1995. He manages acquisitions, rehabilitation, construction, financing, and sales of distinctive apartment communities while delivering outsized, risk-adjusted returns to shareholders.
According to Patrick, “Where we wake up each day has a tremendous impact on how we approach our lives, whether it be work or play. At The Rapids, we strive to create elevated living spaces that brighten and simplify our tenants’ adventurous lifestyles, allowing them to focus on what is most important, living life to the fullest.”
Mark D. Hunter
Principal
Mark D. Hunter, Principal of The Rapids Development Group, is a commercial insurance specialist, business owner, and restaurateur who has a long-term record of success, and he always has his eyes open for new emerging business opportunities. He focuses on building and renovating high-density urban infill properties, creating high-end living spaces for discerning clientele.
Mark reflects, “Our primary focus at The Rapids is creating inspirational living environments that bring out the best unique qualities of our clients, and helping to forge thriving communities of like-minded people. Our tenants live by choice, not necessity, and that leads to hefty ROIs for our investors.
