Introducing Shadow Hills Apartments, a thriving 72-unit community strategically located adjacent to Oregon State University in the heart of Corvallis, Oregon. Built in 2003, this asset stands as one of only five newer construction projects in Corvallis tailored to cater specifically to the student housing demand. This prime location within a supply-constrained market has witnessed remarkable rent increases over the past three years, highlighting the immense potential for growth and profitability.
Shadow Hills Apartments offers an exciting opportunity as the property’s rents have dipped well below the burgeoning market rates. Leveraging the scarcity of new construction ventures in Corvallis and the prominence of Oregon State University, the largest educational institution in the state, Shadow Hills Apartments is poised for sustained high demand in the foreseeable future.
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