10 unit quint building just blocks to the heart of campus- 5 studios per floor with in suite bath sharing common kitchens of the 2 story building. To be clear, the building has 10 studios with 10 baths and 2 kitchens, one on each floor. Very stable rental history and most units leased at $850/unit. One unit turning over at the time of listing and is on the market for $900 with significant showing activity. Building as achieved rents of $900/unit previously. Building has new flooring through out the units ( within the last 18 months), new exterior paint, parking lot resurface and roof appears to be about halfway through its lifespan.This pedestrian to campus location has broad appeal to the student population, but in practice, about half the current tenants are non-students reflecting the desirability of this product type to many potential tenants.
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The average household income in
Eugene, OR
grew
from
$44,859
to
$47,489
in the past year. This data is an estimate based upon
67,335
households in
Eugene, OR. The chart below presents how household income is distributed in
Eugene, OR
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Eugene, OR
compared to median property taxes around the country. The prevalent amount of property taxes in
Eugene, OR
equals
$3k+
, which is
more
than the national average.