Pacwest Commercial Real Estate recently worked with a buyer to arrange the acquisition of a 15-acre parcel in Eugene, Oregon, for 168 market rate apartment complex units. The complex will primarily consist of two- and three-bedroom units. Eugene is an extremely hot rental market and currently has less than a 1 percent vacancy rate; rents are typically increasing by 4 percent compared to the previous year.
Bonaventure Senior Housing (the buyer) has built 29 independent assisted living and memory care communities in Oregon, Washington State, and Colorado. This will be their first market rate apartment complex in Oregon.
Pacwest Commercial Real Estate is a full-service commercial real estate firm that assists buyers and sellers in meeting their investment goals and acquiring and selling real estate while eliminating capital gains on the transaction.
For more information about multifamily properties for sale in Oregon, please contact:
René Nelson, CCIM, Direct 541-912-6583 | Office 541-912-6583 | email@example.com