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1230 W 7th Ave 16 Unit Apartment Building $2,410,000 ($150,625/Unit) 6.40% Cap Rate Eugene, OR 97402
EXECUTIVE SUMMARY
Fully Leased and Professionally Managed Apartment Community. Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings.
PROPERTY FACTS
| Price | $2,410,000 | Apartment Style | Low-Rise |
| Price Per Unit | $150,625 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.54 AC |
| Cap Rate | 6.40% | Building Size | 9,306 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Zoning | C-2 | ||
| Price | $2,410,000 |
| Price Per Unit | $150,625 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 9,306 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Zoning | C-2 |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $995.00 | - |
| 1+1 | 6 | $1,095 | - |
| 2+1 | 8 | $1,295 | - |
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 0473510 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $363,574 |
PROPERTY TAXES
Parcel Number
0473510
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,574
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1230 W 7th Ave
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