745 E 15th Ave
Eugene, OR 97401
University Manor Apartments + Extra Lot · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- University of Oregon campus location
- Surface parking lot with 18 spaces
- Sale of property includes an extra parking lot (18 spaces) - lot could be used for future development
- 1.5 blocks from the Knight Library
- Under market rents
EXECUTIVE SUMMARY
The University Manor Apartments, located at 745 E 15th Ave, present a rare opportunity to acquire student housing in a prime on-campus location—just a block and a half from the Knight Library and near all University of Oregon amenities.
This property features a desirable mix of 1, 2, and 3-bedroom units, on-site laundry facilities, and surface parking—an uncommon find in the area. Additionally, the building features an interior courtyard, offering residents an open outdoor space.
The property comes with an extra lot that could be used for future building.
This property features a desirable mix of 1, 2, and 3-bedroom units, on-site laundry facilities, and surface parking—an uncommon find in the area. Additionally, the building features an interior courtyard, offering residents an open outdoor space.
The property comes with an extra lot that could be used for future building.
PROPERTY FACTS Under Contract
| Price Per Unit | $110,400 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 29,720 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | R4 - High-Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Maintenance on site
PROPERTY TAXES
| Parcel Number | 0288090 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,043,489 |
