3653 West 18th Avenue, Eugene, OR, USA

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3653 West 18th Avenue, Eugene, OR, USA

Eugene, OR 97402
Asking Price
$24.50M
Cap Rate
6.02%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 127 Units | $192,913/unit <p>Property owner's crown jewel out of the 1,700-property portfolio being offered for sale. Additional value add potential bringing rent rates up to market value.</p><p>Assumable loans at a favorable blended rate.</p><p>Prime established location.</p><p>Located in the desirable Eugene Oregon location, home of University of Oregon and the Oregon Ducks. Seller motivated to get the property sold.</p>

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NOI
$80,000
Cap Rate
0.33%
DSCR
0.05
Underwater
Cash-on-Cash
-18.70%
Monthly Payment
$121,212.632
Annual Cash Flow
$-1,374,551.588

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