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Multifamily

French Quarter Apartments

1101-1113 W 6th Ave, Eugene, OR 97402

Listing Price: $4,295,000

Cap Rate
7.37%
Number of Units
24
GRM
9.65
Occupancy
95.0%
Price/Unit
$178,958
Price/Gross SF
$178.25
Gross SF
24,095

Investment Overview

The French Quarter Apartments are a 24-unit, two-story apartment complex located at 1011-1113 W 6th Ave, Eugene, Oregon 97402. Built in 1967, the French Quarter Apartments total 24,095 rentable square feet and features twelve (12) two-bed/one-bath and twelve (12) two-bed/one-and-one-half-bath floorplans. Amenities include gated access, three on-site laundry rooms, two storage rooms, six garages, additional off-street parking, luxury vinyl plank flooring in the living areas, new carpet in the bedrooms, dishwashers, stainless steel appliances, stone countertops, and private yards or patios with all units.

Located in the southern portion of the lush Willamette Valley, Eugene, Oregon provides residents with a high quality of life and convenient access to outdoor recreation. The French Quarter Apartments is less than a 10-minute drive from the University of Oregon and within walking distance from Downtown Eugene’s craft breweries, coffee houses, wine bars, artisanal restaurants, and boutique retail shops.

Investment Highlights

  • Ideal Downtown Eugene Location less than 3 Miles from the University of Oregon.
  • Property Features Desirable Two-Bedrooms Exclusively with a Mix of Townhomes and Flats.
  • Substantially Renovated Including New Roofs, Windows, Exterior Paint, Landscaping, and Signage; Property Still has Additional Upside.
  • All Units Include Private Yards or Decks.
  • Gated Access with Covered Parking, Garages, and Storage.
  • Three On-Site Laundry Rooms Offer Additional Income.

Exclusively Listed By

Financing By

Multifamily

French Quarter Apartments

Listing Price: $4,295,000

Cap Rate
7.37%
Number of Units
24
GRM
9.65
Occupancy
95.0%
Price/Unit
$178,958
Price/Gross SF
$178.25
Gross SF
24,095

Investment Highlights

  • Ideal Downtown Eugene Location less than 3 Miles from the University of Oregon.
  • Property Features Desirable Two-Bedrooms Exclusively with a Mix of Townhomes and Flats.
  • Substantially Renovated Including New Roofs, Windows, Exterior Paint, Landscaping, and Signage; Property Still has Additional Upside.
  • All Units Include Private Yards or Decks.
  • Gated Access with Covered Parking, Garages, and Storage.
  • Three On-Site Laundry Rooms Offer Additional Income.

Investment Overview

The French Quarter Apartments are a 24-unit, two-story apartment complex located at 1011-1113 W 6th Ave, Eugene, Oregon 97402. Built in 1967, the French Quarter Apartments total 24,095 rentable square feet and features twelve (12) two-bed/one-bath and twelve (12) two-bed/one-and-one-half-bath floorplans. Amenities include gated access, three on-site laundry rooms, two storage rooms, six garages, additional off-street parking, luxury vinyl plank flooring in the living areas, new carpet in the bedrooms, dishwashers, stainless steel appliances, stone countertops, and private yards or patios with all units. Located in the southern portion of the lush Willamette Valley, Eugene, Oregon provides residents with a high quality of life and convenient access to outdoor recreation. The French Quarter Apartments is less than a 10-minute drive from the University of Oregon and within walking distance from Downtown Eugene’s craft breweries, coffee houses, wine bars, artisanal restaurants, and boutique retail shops.

Exclusively Listed By

Financing By

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