Apartment Buildings /OR /Lane County /Eugene /1247 W 8th Ave
Apartment Buildings /OR /Lane County /Eugene /1247 W 8th Ave

1247 W 8th Ave - Apartments FOR SALE


Eugene, OR 97402 | 
$2,730,000 USD
541-285-0053
1247 W 8th Ave, Eugene, OR for Sale
$2,730,000 USD
Apartments - FOR SALE
1/16
null | 5.54% Cap Rate
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1247 W 8th Ave
Eugene, OR 97402

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OVERVIEW

New Price! 16 Unit Multi-Family Investment Opportunity in established, downtown Eugene. 100% leased with many updates and community garden. Value add opportunity. Thirteen units at 1247 W 8th Ave and 3 units at 1233 W 8th Ave. Updated financials. 6% cap rate on Market rates.

FOR SALE DETAILS

PRICE

$2,730,000 USD

PRICE/SF

$151 USD /SF

# OF UNITS

16

PRICE/UNIT

$170,625

CAP RATE

5.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

R-3

APN/PARCEL ID

0473486

ASK ABOUT THIS PROPERTY

Darren StoneJennings GroupMore Info
541-285-0053

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Darren StoneJennings GroupMore Info
541-285-0053

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