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South Crest Apartments 5477 Donald St 27 Unit Apartment Building $3,995,000 ($147,963/Unit) 5.80% Cap Rate Eugene, OR 97405

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INVESTMENT HIGHLIGHTS

  • Stable South Eugene Investment with 5.8% Actual Cap Rate Proven cash flow and strong tenant stability in a desirable Southeast Eugene location near UO
  • Below-Market Rents (~10% Under Market) with Value-Add Potential Immediate upside through modest rent adjustments and continued light interior updates.
  • Recent 2025 Roof Replacements on Four Buildings Major capital improvements completed with transferable warranties — reducing near-term maintenance ris

EXECUTIVE SUMMARY

Stable South Eugene multifamily investment featuring 27 units across six buildings. 2025 roof replacements, strong tenant stability, and rents ~10% below market create a clear value-add opportunity in a desirable location.

FINANCIAL SUMMARY (ACTUAL - 2024) 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 (ACTUAL - 2024) 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

Price $3,995,000
Price Per Unit $147,963
Sale Type Investment
Cap Rate 5.80%
No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 1.19 AC
Building Size 34,000 SF
No. Stories 3
Year Built 1968
Zoning C-2 - Permits multifamily and neighborhood commercial uses

AMENITIES

UNIT AMENITIES

  • Balcony
  • Heating
  • Stainless Steel Appliances
  • Tub/Shower
  • Vinyl Flooring

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 684
2+1 19 - 949

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0687259
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,808,270 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38206307

  • Date on Market: 10/24/2025

  • Last Updated:

  • Address: 5477 Donald St, Eugene, OR 97405

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