Santana Court Apartments

Introducing Santana Court Apartments, a 70-unit multifamily complex located in Corvallis, Oregon, directly across from Oregon State University. Built in 1975, the property offers studio, one-, and two-bedroom layouts geared for student and young professional renters. Santana Court offers residents a full kitchen, high-speed internet, and ample off-street parking. As a low-density asset situated on a generous lot, Santana Court also presents a compelling opportunity for future redevelopment, allowing a new owner to maximize land value in a high-demand location. With a strong in-place rent roll and minimal historical vacancy, the asset provides a consistent income with the potential for operational growth through targeted modifications and renovations.

Strategically located directly next to Oregon State University’s main campus, Satana Court offers immediate access to a growing and highly active student population. OSU reported its 26th consecutive year of enrollment growth in 2023, with over 28,000 students attending the Corvallis campus alone. Its proximity to the university, along with the submarket’s scarce new multifamily supply, make it a very appealing buying prospect. The asset is well-positioned for investors seeking long-term, student-driven income flow in a limited and institutionally backed rental market.