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Multifamily

Roosevelt Townhomes

2447 Roosevelt Blvd, Eugene, OR 97402

Listing Price: $2,090,000

Cap Rate
7.27%
Number of Units
10
GRM
9.41
Occupancy
95.0%
Price/Unit
$209,000
Price/Gross SF
$180.73
Gross SF
11,564

Investment Overview

The Roosevelt Townhomes is a 10-unit townhome complex located at 2447 Roosevelt Blvd, Eugene, OR 97402. The Roosevelt Townhomes was originally constructed in 1995, totals 11,564 square feet, and features 3 Bed/1.5 Bath two-story townhome floorplans exclusively. Each unit includes a private detached single-car garage and there are two other double-car garages which can be leased for additional income. All units have a washer and dryer hook up in the downstairs bathroom. Exterior capital improvements include a new roof on all four structures in 2018, all new siding, exterior paint and gutters in 2022. Every unit was renovated in 2023 with LVP flooring, new cabinets, counters, interior paint, new upstairs carpet and stainless-steel appliances. In total, the owner has invested more than $275,000 on renovations in 2023.

The Roosevelt Townhomes is conveniently located less than a quarter-mile from Highway 99 in northwest Eugene and less than 15 minutes from Downtown Eugene and the University of Oregon. Residents of Eugene enjoy vibrant art studios, boutique retailers and trendy wine bars, along with access to world-class outdoor recreational activities.

Investment Highlights

  • Owner has invested more than $275,000 on capital repairs and new appliances.
  • Unit mix features desirable three-bedroom townhouse floorplans exclusively.
  • Each unit includes a private, detached single-car garage. There are two additional double-car garages, which can be rented for additional income.
  • Convenient location less than 15 minutes from Downtown Eugene and the University of Oregon.

Exclusively Listed By

Financing By

Multifamily

Roosevelt Townhomes

Listing Price: $2,090,000

Cap Rate
7.27%
Number of Units
10
GRM
9.41
Occupancy
95.0%
Price/Unit
$209,000
Price/Gross SF
$180.73
Gross SF
11,564

Investment Highlights

  • Owner has invested more than $275,000 on capital repairs and new appliances.
  • Unit mix features desirable three-bedroom townhouse floorplans exclusively.
  • Each unit includes a private, detached single-car garage. There are two additional double-car garages, which can be rented for additional income.
  • Convenient location less than 15 minutes from Downtown Eugene and the University of Oregon.

Investment Overview

The Roosevelt Townhomes is a 10-unit townhome complex located at 2447 Roosevelt Blvd, Eugene, OR 97402. The Roosevelt Townhomes was originally constructed in 1995, totals 11,564 square feet, and features 3 Bed/1.5 Bath two-story townhome floorplans exclusively. Each unit includes a private detached single-car garage and there are two other double-car garages which can be leased for additional income. All units have a washer and dryer hook up in the downstairs bathroom. Exterior capital improvements include a new roof on all four structures in 2018, all new siding, exterior paint and gutters in 2022. Every unit was renovated in 2023 with LVP flooring, new cabinets, counters, interior paint, new upstairs carpet and stainless-steel appliances. In total, the owner has invested more than $275,000 on renovations in 2023. The Roosevelt Townhomes is conveniently located less than a quarter-mile from Highway 99 in northwest Eugene and less than 15 minutes from Downtown Eugene and the University of Oregon. Residents of Eugene enjoy vibrant art studios, boutique retailers and trendy wine bars, along with access to world-class outdoor recreational activities.

Exclusively Listed By

Financing By

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