Eugene Commercial is pleased to facilitate the reservation of properties in Westmoreland Village. This 20-acre community, centrally located in Eugene Oregon, comprises separate duplex and four-plex apartments within a freshly renovated, 95-building complex.

The complex was originally built by the University of Oregon in the 1960's as a place to house university students with families. As their focus changed, this housing facility became less desirable as a university property. In the spring of 2006, the University announced the sale of these West Eugene apartments.

Following the University's sale, the new owner completed nearly 4 million dollars in renovations, while keeping apartments affordably priced. He also expressed an interest in eventually dividing the property into separate tax lots with an intention of offering investment opportunities to interested parties.

True to his word, the owner of Westmoreland Village has held to his promises.

• $4 million has been invested in infrastructure.
• Every unit has been renovated.
• Additional amenities (fitness center, tanning bed, community room, storage area, bicycle garages, convenience store, on-site childcare) have been added to the apartment community.
• The Village has become so desired that tenant word-of-mouth is responsible for keeping units filled.
  

DOCUMENTS FOR DOWNLOAD (PDF)

• Bylaws
• CCR's
• Management Agreement Template
• Reserve Study

The owner has divided Westmoreland Village, and is now offering the individual properties for sale to investors.(Map 1/Map 2)

Duplex Buildings @ $139,900 and $149,900
4 -plex Buildings @ $254,900
There are just a handful of buildings available, call us for more information, including building availability and property, operating data worksheets. Contact Us

As you consider investing in the Eugene Real Estate market, Eugene Commercial invites you to take a closer look at Westmoreland Village.

• Centrally located for shopping
• 3 miles from the U of O
• Close to bus lines
• Across from the Amazon Bike Path
• 1 and 2 bedroom units available
• Every unit has its own bike storage
• A non-smoking community
• Professionally landscaped, excellent curb-appeal property

Fully and professionally managed by The Jennings Group-- a property management company with 30+ years experience in Eugene's metro area. VIsit The Jennings Group website for information on renting a unit at Westmoreland Village.

Westmoreland Village offers investors a good return on invested cash through a fully managed, well located, investment property that has a low vacancy rate.

Dave Koester, Principal Broker of Eugene Commercial, is experienced with, and has faciliated the reservation of, a good percentage of Westmoreland Village Investment properties. Contact him today to learn more about this excellent opportunity in the Eugene Real Estate multiple-family housing market.