765-785 NW 5th St - Apartments FOR SALE


Corvallis, OR 97330
$4,200,000 USD
541-760-0936
765-785 NW 5th St, Corvallis, OR for Sale
$4,200,000 USD
Apartments - FOR SALE
1/4
null | 4.41% Cap Rate

765-785 NW 5th St
Corvallis, OR 97330


HIGHLIGHTS

  • Seller financing preferred
  • Undergone signifigant capital improvements
  • Rare investment opportunity in a market characterized by high demand and limited housing supply

OVERVIEW

Introducing Maple Square Apartments, a 24-unit multifamily community ideally situated in Corvallis, Oregon. This well-maintained property represents a rare investment opportunity in a market characterized by high demand and limited housing supply. Comprising exclusively two-bedroom, one-bath units, Maple Square has undergone significant capital improvements, including new siding, a new roof, and energy-efficient windows. Despite these enhancements, current rents remain $300–$400 below market rates, offering substantial upside potential for investors. Conveniently located just one mile from Oregon State University and minutes from downtown Corvallis, Maple Square benefits from a prime location in a thriving college town with a strong, stable rental market. With limited new housing development and sustained demand for quality rental units, Maple Square Apartments offers an exceptional opportunity to capitalize on Corvallis’s robust multifamily sector while delivering long-term value growth. *Seller financing preferred*

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

24

PRICE/UNIT

$175,000

CAP RATE

4.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maple Square Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,591 SF

ZONING

CBF

APN/PARCEL ID

107700,107718

ASK ABOUT THIS PROPERTY

Adam SmithHFO Investment Real EstateMore Info
541-760-0936

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Adam SmithHFO Investment Real EstateMore Info
541-760-0936

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.