680 LAWRENCE ST, Eugene, OR 97401

$1,680,000
List Price
$1,680,000
Days on Market
6
MLS#
21403143
Property Type
Multifamily
Lot Size
15, 000 to 19, 999 SqFt
Region
Lane Co: West Eugene
Status
Pending

Property Description

The Maples Apartments is a centrally located, two story walk up 18 unit apartment complex located near the Market District and Jefferson neighborhood in Eugene, OR. The property was built in 1963 and has been nicely maintained and updated. The unit mix includes 6 one-bedroom, one bath units and 12 two-bedroom, one bath units. There is an on-site laundry and on-site parking for 18 vehicles. Wood frame with T-111 siding, membrane roof & vinyl windows. Carpet & vinyl flooring.

Additional Information

Tax Amount
$15,736
Year Built
1963
High School
North Eugene
Elementary School
River Road
Middle School
Kelly
Stories
2
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity
Heating Description
Ceiling
Hot Water Description
Electricity
Exterior Description
T-111 Siding
Roof Type
Other
Sewer Description
Public Sewer
Water Description
Public
Cumulative Days On Market
6
Sq Ft Approximate Building Total
6860
Capitalization Rate
5.5
Operating Expenses Actual
63096
Gross Income Actual
155559
Gross Rent Multiplier
10.80
Net Income Actual
92463
Covenants/Restrictions
No
Road Surface
Paved
Number Of Units Total
18
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
695
Unit Type One Units Total
5
Unit Type Two Baths Total
1
Unit Type Two Beds Total
1
Unit Type Two Rent
750
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
760
Unit Type Three Units Total
11
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
850
Unit Type Four Units Total
1

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of PacWest Commercial RE, Inc.

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