500 JEFFERSON ST Eugene OR 97402-5167

500 Jefferson Street Apartments consist of (16) two-bedroom and (2) one-bedroom units totaling 13,580 square feet. The well-maintained complex features beautiful landscaping, on-site laundry facilities, secured storage units, and on-site parking. Strong rental history and demand make this an excellent investment opportunity.

The multi-family complex is located in the popular Whiteaker neighborhood situated to the northwest of downtown Eugene and is known for its vibrant cultural hub, food carts, restaurants, breweries, musical entrainment, and artists’ studios. The property’s desirable location attracts all types of tenants. University of Oregon is a short bike ride away, and bus service to anywhere in the city is easily accessible.

• Number of units - 18

• Number of bedrooms - 34 bedrooms (16 2-br units, 2 1-br units)

• Fully leased

• Net operating income (proforma at market rents) - $217,319

• 6.39% cap rate at proforma rents