1591 High St - Apartments FOR SALE


Eugene, OR 97401- West University
$1,140,000 USD
541-912-6583
1591 High St, Eugene, OR for Sale
$1,140,000 USD
Apartments - FOR SALE
1/7
null | 5.77% Cap Rate

1591 High St
Eugene, OR 97401
West University


HIGHLIGHTS

  • Walking Distance to University of Oregon
  • 100% Occupied
  • Solid Cash Flow

OVERVIEW

The High Street Seven is a 7-unit multifamily property steps from the UO Campus. The unit mix includes 1BR, 2BR, and a 4BR, with several updated interiors, modern appliances, and energy-efficient windows. Amenities include onsite laundry and mature landscaping. With a Walk Score of 95 and Bike Score of 100, tenants enjoy immediate proximity to the UO Campus, groceries, and downtown employers. Strong occupancy, solid cash flow, and clear value-add upside through rent modernization make this an attractive campus-area investment.

FOR SALE DETAILS

PRICE

$1,140,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

7

PRICE/UNIT

$162,857

CAP RATE

5.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R-3

APN/PARCEL ID

0279933

ASK ABOUT THIS PROPERTY

Rene' Nelson, CCIMPacwest Commercial Real Estate, Inc.More Info
541-912-6583

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Rene' Nelson, CCIMPacwest Commercial Real Estate, Inc.More Info
541-912-6583

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