Evergreen Townhouses

4086 B Street, Springfield, Oregon 97478

$11,000,000

Status:
In Contract
County:
Lane
Units:
86
Year Built:
1990
Unit Price:
$127,907
Land Size:
6.78 Acres
Building Size:
83,436 sq. ft.
Price per SF:
$132
CAP Rate:
6.31%
Unit Mix:

Eighty-six (86) units consisting of eighteen (18) 2-bed 1-bath, sixty-two (62) 3-bed 1,5-bath and six (6) 3-bed 2-bath units.

Floors:
2
Open Parking:
Yes
WD Hookup:
In-unit
Rental Office:
Yes
On Site Manager:
Yes
Garages:
Yes: direct-entry
Roof Type:
Pitched Comp
Heat Type:
Electric
Patio Deck:
Shared back patios
Property Photo

Evergreen Townhouses offers an opportunity to acquire 43 cash-flowing duplexes on individual tax lots. The Eugene/Springfield area is the second largest metro region in Oregon with an economy driven by its two largest employers: the University of Oregon and PeaceHealth Medical Group. This is a very strong market with 97% occupancy and a low 4.8% unemployment rate. 

86
Units
1990
Year Built
83,436
SQ. FT.

Property Location