Exclusive Offering
Juniper Square
155 8th St. Lebanon, OR 97355
A 38-unit multifamily community in Lebanon, Oregon, offering a cohesive collection of low-density housing with duplexes, townhomes, fourplexes, and flats.
Pricing
$4,655,000
$122,500 Per Unit
The Rhoades Group of Marcus & Millichap is pleased to exclusively represent the sale of Juniper Square, a 38-unit multifamily community in Lebanon, Oregon. The property offers a cohesive collection of low-density multifamily housing with a diverse mix of duplexes, fourplexes, townhomes, and flats that create a more neighborhood-oriented living experience than traditional apartment communities.
Juniper Square is offered in conjunction with Second Street Residences, a 34-unit multifamily community in Lebanon, Oregon. The properties are available for purchase individually or together as a portfolio.
Full financials and property information are available on the Offering Memorandum.
Property Overview
A Cohesive Collection of Low-Density Multifamily Housing
Juniper Square benefits from attractive resident amenities including garages, private outdoor spaces, air conditioning, central laundry facilities, storage options, and abundant off-street parking. The community has benefited from ongoing capital investment and offer strong curb appeal, desirable resident amenities, and broad tenant appeal.
From an investment perspective, the property combines stable in-place operations with meaningful value-add potential through rental optimization and the future implementation of RUBS programs to improve expense recovery and overall operating performance.
Units
38
Year Built
1977
Asset Type
Multifamily
Unit Summary
Unit Mix
| Unit Type | Units | Approx SF |
|---|---|---|
| 2 Bed / 1 Bath Duplexes | 8 | 843 |
| 2 Bed / 1 Bath Townhomes | 8 | 800 |
| 2 Bed / 1 Bath 4plexes | 16 | 825 |
| 1 Bed / 1 Bath Flats | 2 | 486 |
| 2 Bed / 1 Bath Flats | 4 | 789 |
| Total | 38 | 802 |
References to square footage or age are approximate.
Gallery
Property Photos
Location
Lebanon, Oregon
Lebanon is located in Linn County in Oregon's Willamette Valley, roughly midway between Salem and Eugene and a short drive east of Interstate 5. The city offers residents a small-town setting with convenient access to the larger employment centers of Albany and Corvallis.
The community sits within an established residential neighborhood close to schools, retail, medical services, and parks, supporting steady demand for well-maintained rental housing.
Juniper Square is located at 155 8th St. Lebanon, OR 97355.
Juniper Square
155 8th St. Lebanon, OR 97355
Offering Memorandum
The complete Offering Memorandum, including operating data, rent roll, and pricing detail, is available to qualified parties upon execution of the Confidentiality Agreement.
Exclusively Listed By
The Rhoades Group
Whitney Rhoades
Managing Director Investments
503.351.0146 (Cell)503.200.2022 (Office)Whitney.Rhoades@marcusmillichap.comLicense OR 201204200
Nygel Drury
Senior Director Investments
608.234.2035 (Cell)503.200.2064 (Office)Nygel.Drury@marcusmillichap.comLicense OR 201232300