Investment Overview

The 17th Street Apartments is a 13-unit ground-level complex located at 1861-1865 17th Street, Springfield, Oregon. Built in 1996 & 1997, the Property sits on .76 acres, split between two tax lots and features a total of four buildings, containing a variety of one-, two- and three-bedroom units.? Two units have functioning garages, eight units have converted garages into extra bedrooms, office space or additional living space. Four of the units were merged together into two units at one point in the past. These units can be converted back to separate units with the addition of some walls. Unit amenities include washer/dryer hookups, off-street parking, backyard access and front yards. Two of the buildings have received new roofs in the last 10-years, one building received a new roof in 2022. The 17th Street Apartments are located in a prime area of Springfield, close to major roads like Interstate 5 and Highway 126. Springfield is a terrific city with wooded neighborhoods, mountain views, and amazing outdoor adventures. The city is also known for its craft beer. With the Willamette and McKenzie Rivers providing activities like river rafting and fishing, and the nearby mountains offering hiking, waterfalls, and mountain biking, there’s always something to do in Springfield. * Property is being sold as-is; Buyer to do their own due diligence.