68 Oroyan Ave Eugene, OR 97404-1681
- Commercial real estate
- 0.89 lot acres
Current Use by Public Records
- North River Road Storage Units / Self-Storage Facility
Property Details for 68 Oroyan Ave
- Lot size
- 0.89 lot acres
- Property type
- Commercial real estate
- APN
- 17-04-02-13-00800-000
- APU
- 1704021300800000
Description
This exceptional Class A self-storage facility, completed in 2023, presents a compelling investment opportunity in Eugene, Oregon. Located at 68 Oroyan Ave, 97404, in Lane County, this 13,645 square foot property boasts 101 units and is currently 100% occupied, offering immediate cash flow. The asking price is $2,750,000, translating to $201.54 per square foot and $27,227.72 per unit. The property enjoys a strong 5.95% cap rate, generating a net operating income (NOI) of $163,673. Its C-2 zoning ensures flexibility and future potential. The facility benefits from its turnkey operation, low overhead, and desirable location with minimal competition. This is a rare opportunity to acquire a high-performing, newly constructed self-storage asset in a thriving market. Financial records are available upon request. The property is easily managed and offers a stable, passive income stream. Its modern design and prime location ensure continued strong occupancy rates. This is an ideal investment for those seeking a low-maintenance, high-return asset in a growing Oregon market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eugene
- County
- Lane
- State
- Oregon
- Longitude
- -123.139
- Latitude
- 44.1214
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
