1247 W 8th Ave
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1247 W 8th Ave
16 Unit Apartment Building $2,873,000 ($179,563/Unit) 5.30% Cap Rate Eugene, OR 97402
Executive Summary
16 Unit Multi-Family Investment Opportunity in established, downtown Eugene. 100% leased with many updates and community garden. Value add opportunity. Thirteen units at 1247 W 8th Ave and 3 units at 1233 W 8th Ave.
Property Facts
| Price | $2,873,000 | Apartment Style | Low Rise |
| Price Per Unit | $179,563 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.68 AC |
| Cap Rate | 5.30% | Building Size | 18,078 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Price | $2,873,000 |
| Price Per Unit | $179,563 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Sale Conditions | 1031 Exchange |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 18,078 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.33/1,000 SF |
Walk Score ®
Very Walkable (89)
Bike Score ®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 0473486 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $715,697 |
PROPERTY TAXES
Parcel Number
0473486
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$715,697
zoning
| Zoning Code | R-3 |
| R-3 |
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1247 W 8th Ave
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