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1612 Polk St - Polk St. Apartments 15 Unit Apartment Building Offered at $1,100,000 at a 6.98% Cap Rate Eugene, OR 97402
INVESTMENT HIGHLIGHTS
- 15 unit single story apartment complex
- Email to get full marketing packaged. Send back signed NDA to get full drop box file with inspections, bids, photos and financials.
- Located in West Eugene on amazon bike paths near schools and shopping. Situated close to downtown
EXECUTIVE SUMMARY
**Do Not Disturb Tenants**
15-unit apartment complex, predominantly featuring one-bedroom units with efficient floor plans. This single-story property has frontage along the Amazon canal. Ideally situated in the vibrant west Eugene area—just a short walk from schools and grocery stores.
Property is a fixer. At the asking price, property is being sold in its as-condition.
Inspections, financials and additional photos will be provided if you email back the attached non-disclosure signed by buyer and their broker (if applicable.)
15-unit apartment complex, predominantly featuring one-bedroom units with efficient floor plans. This single-story property has frontage along the Amazon canal. Ideally situated in the vibrant west Eugene area—just a short walk from schools and grocery stores.
Property is a fixer. At the asking price, property is being sold in its as-condition.
Inspections, financials and additional photos will be provided if you email back the attached non-disclosure signed by buyer and their broker (if applicable.)
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 11 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 0487817 | Total Assessment | $482,945 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
0487817
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$482,945 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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1612 Polk St - Polk St. Apartments
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