Lebanon Portfolio Multi-Family FOR SALE


Lebanon, OR
$7,050,000 USD
541-760-0936
, Lebanon, OR for Sale
$7,050,000 USD
Multi-Family - FOR SALE
1/26
null | 5.84% Cap Rate

Lebanon Portfolio
Lebanon, OR


OVERVIEW

» New Construction Quality at Attainable Basis Lebanon Townhomes (2018) and Wassom Street Townhomes (2020) represent two of Lebanon’s newest multifamily assets, offering investors a low-maintenance, modern portfolio with no deferred capital requirements. Buyers may acquire both properties as a portfolio or individually, providing flexible exit and financing strategies. » Townhome Product in High Demand All 38 units across both properties are two bedroom, 1.5 bath townhome-style residences averaging 928 square feet a spacious, in-demand format where residents have no one above or below them. In-unit washer/ dryer hookups, ample parking, and pet-friendly policies further differentiate these assets from conventional apartment stock in the Lebanon market. » Rentable Storage and Value-Added Amenities Lebanon Townhomes offers residents rentable storage units, a supplemental income stream and a practical amenity that is difficult to find in the submarket. Wassom Street Townhomes features a basketball court, enhancing the community’s appeal for active residents and families. » Lebanon’s Economic Momentum and Growing Workforce Lebanon is one of the Willamette Valley’s fastest-growing small cities, with employment growing from 8,750 to 8,900 jobs between 2023 and 2024. Major local employers include Lowe’s Regional Distribution Center (650 employees), Samaritan Lebanon Community Hospital, Entek International, and Western University of Health Sciences anchoring a diverse, stable employment base that supports consistent rental demand. » Gateway to the Corvallis-Albany Employment Corridor Lebanon sits at the crossroads of Hwy 20 and Hwy 34, placing residents within approximately 25 minutes of both Corvallis and Albany. Corvallis is home to Oregon State University (38,000 students), a Hewlett Packard R&D campus, and Samaritan Health Services one of Oregon’s ten largest nonprofit employers. I-5 access via Albany connects residents to the broader Willamette Valley employment market. » Willamette Valley Lifestyle at Affordable Living Costs Lebanon offers residents a small-town quality of life in the heart of the Willamette Valley, with access to the South Santiam River, trail systems, Cheadle Lake Park, and year-round outdoor recreation. The city’s lower cost of living relative to Portland and Corvallis makes it an attractive alternative for workforce renters, supporting occupancy stability across the submarket.

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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 Notice.