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Executive Summary

Kambria Village — 34-Unit Multifamily | Springfield, Oregon | No Tenant Relocation Assistance Requirements
Springfield offers a meaningful regulatory advantage over Eugene — no tenant relocation assistance requirements — making this east-Springfield submarket the preferred destination for Willamette Valley multifamily investors in 2026.
Kambria Village is a well-maintained 34-unit apartment community in the Thurston neighborhood of east Springfield, a stable residential area surrounded by owner-occupied single-family homes. Built in 1999 on 1.73 acres, the property offers a diverse unit mix of one-bedroom, two-bedroom townhouse, and larger Executive and Deluxe two-bedroom floor plans — all with in-unit washer/dryer hookups. Recent capital improvements include roof replacements on Building A (2024) and Building B (2025).
In-place rents sit meaningfully below current market levels, and 9.5% rent increases have already been noticed to eligible tenants effective 6/1/26 — giving the next owner a stabilizing income stream with continued upside as units turn. New competing multifamily supply across the submarket remains severely constrained by construction costs and interest rates.
Direct access to Highway 126, Main Street, and Interstate 5, with PeaceHealth RiverBend Medical Center approximately 9 miles away.
Building size range of approximately 37,562 to 39,886 SF based on Lane County Assessor records with standard measurement variance. Buyer to independently verify all physical dimensions as part of due diligence. Seller and Broker make no representation as to the exact square footage.
Offered at $4,970,000. Full Offering Memorandum available to qualified buyers upon execution of a Confidentiality Agreement.

Property Facts

Price $6,807,459 CAD
Price Per Unit $200,219 CAD
Sale Type Investment
Cap Rate 4.93%
No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 1.75 AC
Building Size 36,888 SF
No. Stories 2
Year Built 2000
Parking Ratio 1.16/1,000 SF
Zoning R2

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Yard
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 16 $2,120 CAD 1,128 - 1,528
2+1.5 10 $1,774 CAD 956
1+1 8 $1,712 CAD 760
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0141455
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,935,860 CAD
  • Listing ID: 40263629

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 6505 A St, Springfield, OR 97478

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