Kings Court Apartments Listing Details & Market Data

502 NW Kings Blvd, Corvallis, OR 97330

  • For Sale $2,395,000
  • Property Type Multi-Family
  • Property Size 10,356 SF
  • Units 16
  • Lot Size 0.79 Acre
  • Year Built 1948
  • Year Renovated 2023
  • Date Updated Apr 20, 2024
Just blocks from campus, the complex is located on Kings and provides exceptional value near OSU with long term upside potential for redevelopment (currently in the 2024 QCT).Exceptionally located 16 unit adjacent to campus. Rent upside justifies a long term hold, yet the location would allow for a "covered land play" for future redevelopment located in the 2024 QCT. Sold separately, or part of a portfolio with another nearby 12 unit.

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Highlights

  • - Onsite Laundry
  • - Rent upside
  • - 0.79 Acres close to campus provides developers with a "covered land play"
  • - Exceptional location next to campus, and walking distance to Fred Meyer
  • - Water, sewer, and garbage paid by owner, which presents opportunity to charge RUBS to future tenants
  • - Current expenses include capital expense relating to turns - all but three units remodeled

Contacts

broker

Bjorn Beer

SVN | Imbrie Realty

(541) 745-4050

Location

Getting Around

  • Walk Score ®

    Very Walkable (85)

  • Transit Score ®

    Some Transit (37)

  • Bike Score ®

    Biker's Paradise (100)
Powered by Walk Score ®
  • City Corvallis, OR
  • Zip Code 97330
  • Market Eugene

Points of Interest

  • Albany

    9.44 miles

  • Arco

    0.89 miles

  • Chevron

    0.92 miles

  • Chevron

    0.98 miles

  • BP

    0.99 miles

  • Fred Meyer

    1.06 miles

  • Pacific Pride

    1.46 miles

  • Safeway

    2.18 miles

  • Arco

    8.99 miles

  • Shell

    9.00 miles

  • Chevron

    9.39 miles

  • Town House Parking

    0.15 miles

  • Well's Fargo Parking Lot

    0.17 miles

  • 7-11 Parking lot

    0.19 miles

  • Parking for Delta Gamma

    0.19 miles

  • Parking for Fillmore Inn

    0.19 miles

  • Sigma Pi Parking Lot

    0.20 miles

  • Valley Eye Care Parking Lot

    0.21 miles

  • Stone Terrace Parking Lot

    0.22 miles

  • La Gavioto Apartment Parking

    0.28 miles

  • Residential Parking Lot

    0.30 miles

  • Domino's

    0.29 miles

  • Shogun Bowl

    0.29 miles

  • Downward Dog

    0.29 miles

  • Subway

    0.29 miles

  • Jersey Mike's Subs

    0.30 miles

  • Lupe's

    0.30 miles

  • Café Yumm!

    0.30 miles

  • Yoghurt Extreme

    0.30 miles

  • McMenamin's

    0.30 miles

  • Qdoba

    0.31 miles

  • Franklin School

    0.19 miles

  • Corvallis High School

    0.34 miles

  • Zion Lutheran School

    0.36 miles

  • Oregon State University Historic District

    0.53 miles

  • College Hill High School

    0.56 miles

  • Linn-Benton Community College - Benton Center

    0.63 miles

  • Oregon State University

    0.65 miles

  • Jefferson Elementary School

    0.92 miles

  • Garfield Elementary School

    0.95 miles

  • Linus Pauling Middle School

    1.11 miles

  • Beaver Beginnings

    0.68 miles

Contact Listing Broker

broker

Bjorn Beer

SVN | Imbrie Realty

(541) 745-4050