Kambria Village 6505 A St 34 Unit Apartment Building $6,908,300 CAD ($203,185 CAD/Unit) 4.91% Cap Rate Springfield, OR 97478

Kambria Village offers investors a rare opportunity to acquire a well-maintained 34-unit multifamily community in the thriving Eugene-Springfield metro. Located in the desirable Thurston neighborhood, the property spans 1.73 acres and consists of five buildings featuring a diverse mix of one-bedroom, two-bedroom townhomes, and larger Executive and Deluxe two-bedroom layouts. These units include some of the largest two-bedroom floor plans in the submarket, appealing to a wide tenant base.
Constructed in 1999, Kambria Village has been consistently maintained and features in-unit washer/dryer hookups, gas fireplaces in most units, and private patios or balconies. On-site amenities include 66 parking spaces, with 35 covered carports. Recent capital improvements include roof repairs and durable vinyl siding and windows, reducing near-term maintenance exposure.
The property presents a compelling value-add opportunity, with current in-place rents estimated at approximately 25% below prevailing market levels. A 9.5% rent increase has already been implemented effective June 1, 2026, providing immediate NOI growth for a new owner. Additionally, eliminating the owner-paid bulk cable package could further enhance operating income without capital investment. With limited new supply in the submarket and strong demand drivers—including proximity to PeaceHealth Sacred Heart Medical Center, the University of Oregon, and major retail corridors—Kambria Village is positioned for long-term stability and income growth.