1247-1257 W 6th Ave - Apartments FOR SALE


Eugene, OR 97402- Whiteaker
$3,600,000 USD
541-484-2214
1247-1257 W 6th Ave, Eugene, OR for Sale
$3,600,000 USD
Apartments - FOR SALE
1/14
null | 5.71% Cap Rate

1247-1257 W 6th Ave
Eugene, OR 97402
Whiteaker


HIGHLIGHTS

  • 22-unit multifamily complex in Eugene’s desirable Whiteaker neighborhood
  • All but 2 units have been renovated
  • Recent exterior upgrades including new fencing, entry gate, & resurfaced parking lot (2025)
  • Strong unit mix: studios, 1-bedrooms, and 2-bedrooms with 26 on-site parking spaces
  • Close to downtown Eugene, University of Oregon & major transit routes (EmX nearby)
  • Stable income producer with upside potential for continued rent growth

OVERVIEW

Westwood Plaza Apartments offers a rare opportunity to acquire a fully-leased, 22-unit, well-maintained multifamily property in Eugene. Recent renovations have greatly improved the buildings and the majority of the units have been updated. Located in the Whiteaker Neighborhood (”The Whit”) near downtown and the University of Oregon, the property offers strong transit access, walkable amenities, and renter appeal. With a solid unit mix and on-site parking, Westwood Plaza is positioned for stable cash flow and future rent growth. Property size based on unit rent roll. Buyer to verify actual size.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$272 USD /SF

# OF UNITS

22

PRICE/UNIT

$163,636

CAP RATE

5.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westwood Plaza Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

R-3

APN/PARCEL ID

0472579,0472587

ASK ABOUT THIS PROPERTY

Bill NewlandCampbell Commercial Real EstateMore Info
541-484-2214

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Bill NewlandCampbell Commercial Real EstateMore Info
541-484-2214

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