For Sale
$2,750,000

68 Oroyan Ave Eugene, OR 97404

High-Yield, 101-Unit Self Storage Facility

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • Low operating costs and easy management.
  • Turnkey operation.

Property Details for 68 Oroyan Ave

Property type
Self storage facilities
Square Feet
13,645 SF
Class
A
Year Built
2023
Units
101

Location Insight

City
Eugene
County
Lane
State
Oregon
Latitude
44.1213679
Longitude
-123.138864

FAQs

What type of property is this?
Self storage facility - High-Yield, 101-Unit Self Storage Facility
Where is the self storage facility located?
The property is located at 68 Oroyan Ave Eugene, OR.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Low operating costs and easy management.; Turnkey operation.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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68 Oroyan Ave
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