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1230 W 7th Ave, Eugene, OR 97402

$2,410,000

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Property Description

Fully leased and Professionally Managed Apartment Community on .39 Acres.Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings. 5.7% cap rate on actual income and expense, 6.4% Cap rate on current turnover rent. DO NOT DISTURB RESIDENTS

1230 W 7th Ave | MLS# 472695265

This multi-family property located at 1230 W 7th Ave, Eugene, OR 97402 is currently listed for sale with an asking price of $2,410,000. Search Eugene real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electricity
Heating: Ceiling
Roof Type: Membrane
Stories: 2.0
Taxes: $6,996
Year Built: 1968

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1172.00
Square Footage: 650
Total Units: 8
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1027.00
Square Footage: 400
Total Units: 6
Unit Type 3:
Bathroom(s): 1
Rent: $1023.00
Square Footage: 350
Total Units: 2

Feature Descriptions

Days on Site: 197
Exterior: T-111 Siding, Wood Siding
Gross Income: $198782.00 (Actual)
Hot Water: Electricity
Net Income: $137776.00 (Actual)
Operating Expenses: $61006.00 (Actual)
Parking: OffStreet
Parking Notes: OffStreet
Sewer: Public Sewer
Units: 16
Water: Public Water

Local Schools

High School: Churchill
Middle School: Arts & Tech
Elementary School: Cesar Chavez

Listed By / Shown By

Listed By

Agency Name: Jennings Group Inc
Agency Phone: 541-683-2271

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 13,472.19 per month $12,186.27 Principal & Interest $583.00 Property Tax $702.92 Homeowner's Insurance

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