Address: 1190 W 6th Avenue, Eugene, Oregon, US
Created date: September 5, 2023
Date last updated: September 5, 2023
- Fully approved for multifamily conversion
- Value-add opportunity
- 10 minutes from downtown Eugene and the University of Oregon
This former hotel located in Eugene was built in 1971 and is approved to be converted into 80 studio apartments. Four of the rooms have already been converted with updated interior features. The property’s ability to continue operating as a hotel or short-term housing adds value for investors considering its purchase.The property is located between West 6th and 7th Avenues, main Eugene thoroughfares that allow tenants convenient access around the city. Both downtown Eugene and the University of Oregon are less than a 10-minute drive from the property.