» Campus-Adjacent Location Driving Consistent Rental Demand Arcade Apartments is located just blocks from Oregon State University, placing residents within convenient proximity to campus and the surrounding retail, dining, and employment amenities that serve the university community. Properties in true campus-adjacent locations benefit from durable rental demand driven by OSU’s large and stable student population. » Limited New Supply in a High-Barrier Corvallis Market Corvallis continues to experience constrained multifamily development due to zoning limitations, geographic boundaries, and a lengthy entitlement process. These barriers to new supply help support strong occupancy levels and longterm rent stability for existing assets located near Oregon State University. » Recent Capital Improvements Reduce Near-Term Maintenance Needs Current ownership has completed several important infrastructure improvements including plumbing upgrades, handrail replacements, and concrete work to entryways and walkways. These investments enhance property safety and functionality while helping reduce near-term capital expenditure requirements for future ownership. » Operational Upside The property is currently operated as conventional multifamily with per-unit leasing. Given its proximity to the university, there is a significant opportunity to operate the asset as true student housing by implementing a pre-leasing strategy aligned with the academic calendar and transitioning to a by-the-bed leasing model. These operational shifts typically yield higher effective rents per unit, stronger occupancy, and more predictable revenue streams. » Off-Street Parking in a Supply-Constrained Area Arcade Apartments offers valuable off-street parking for residents, an increasingly desirable amenity in dense, walkable neighborhoods near Oregon State University where on-street parking can be limited. » On-Site Laundry Provides Additional Income Stream The property includes on-site laundry facilities, offering residents convenient access while also generating supplemental income and improving overall property functionality.