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Summer rent: It’s a bargain
By Julie Shippen
Of the Emerald
Students often find that life in
Eugene during the summer is an
unpredictable existence at best.
Jobs that opened with the cam
pus’s yearly exodus seem to fill
overnight. The class load that
appeared manageable is sud
denly eating up all the hours set
aside for leisure. And then there
is always the on-again, off-again
weather to contend with.
What the academic diehards
who remain in Eugene can
count on, however, is being
able to find a place to live with a
convenient location and a dis
counted rental rate. Much to
their delight, apartment shop
pers can be settled in an after
noon by simply driving up 18th
Avenue and surveying the
amazing selection of now
available apartments.
Landlords and property
owners, on the other hand, say
they view the situation with less
enthusiasm. Though this hous
ing circus occurs every year,
many proprietors are never sure
if their complex will soon
resume its 100 percent occupan
cy or not.
“We’ve had a more difficult
summer than usual,’’ says
Wayne Shanpz, manager and
owner for more than seven years
of the Ridgewood apartment
complex located at 942 E. 18th
Ave. According to Shanpz, fin
• •
STUDENT
HEALTH
CENTER
13th and Agate
(686-4441)
Student Health Center
Summer Hours
By Appointment:
Mon.-Frl. 8 a.m.-4:30 p.m.
If you sustain injury or suffer sudden
illness, report to the Health Center or
call (686)4441. call CAMPUS EMERGENCY
EXT. 3333 for assistance. The urgent
care entrance is the west side of the
building (Beech Street entrance).
Emergency calls are made to all campus
housing and University buildings when
necessary.
Page 4
ding tenants has been a harder
task because a larger number of
students completed their
degrees this year and left the
community altogether.
“Normally we have a carry
over of around one-half, but this
year everybody graduated,” he
says. Shanpz estimates he has
only two or three student
tenants who have stayed on,
leaving him with more vacan
cies than usual.
And for apartment owners,
vacancies mean financial
losses. “We lose money every
summer,” Shanpz says. “You
just have to make the ad
justments. It’s just a part of be
ing a landowner.”
Shanpz is one of many who
offers rent discounts as a way of
getting tenants back, at least for
the summer. For a one- or two
bedroom apartment at the
Ridgewood, around $30 is
knocked off the summer rental
rates, he says.
Charles Slocum, manager of
the Student Manor at 1442 E.
18th Ave., says the seasonal
renters in his building are
definite bargain hunters.
“I’d say the vast majority, say
14 of the 17 now here, came to
take advantage of the summer
rent,” Slocum says. Though he
had to deal with about a 75 per
cent turnover, Slocum says the
building is full for the summer.
“We’re normally not full un
til July,” he says. The reason for
the high occupancy is due to the
large number of “dorm
refugees” this year, he says,
who also were offered a slice off
the price.
Slocum says he doesn’t have
any tried-and-true formula
when figuring rent discounts,
though. “I judge kind of how
everyone else is doing it,” he
says. But no matter what the
final rate turns out to be, it
doesn’t cover the owners mor
tgage, Slocum adds.
Joy Poust, a property manager
with Lamson Associates, agrees
that the apartments are tougher
f
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to fill this year.
“This summer was another
ball game. I have more vacan
cies this year than last,’’ Poust
says. Usually her complexes are
about 95 percent full, but this
year’s rate is down to 80 percent
occupancy, she says. Renters of
the houses and apartments she
manages also get rent dis
counts, Poust says, which vary
with the size of the unit.
The length of the tenant’s stay
is becoming increasingly flexi
ble, too, according to her
business associate, Sabin
Lamson.
“It’ll be off and on. I’ve
rented a place for five weeks
this summer, which is
something we normally don’t
do,” Lamson admits. He
estimates the majority of
newcomers to their properties
are part-time residents and
‘‘probably half are not
students.’’
Poust finds the same true of
her rentals. “I have a lot of peo
ple coming for summer school
such as school teachers.”
One building on the street en
joying full occupancy is the
Woodside Manor, a huge com
plex of quad units, managed by
Cynthia Woodard and her hus
band. According to Woodard,
she has already taken reserva
tions by renters for fall.
“We generally have zero pro
blems,” Woodard says. In fact,
the Woodside Manor’s waiting
list runs even during the sum
mer, she adds. Quad rates there
are discounted between $30 and
$40 from the normal rent
figures, which are somewhat
higher than usual quad rates,
but still lower than apartment
renting.
“We’re one of the most ex
pensive (quads) for summer,”
Woodard says. “And even
though we have strict rules, we
do fill up rather quickly.”
Bargain hunters there will still
have to comply to the house
laws during the summer to stay,
which includes turning down
their radios and televisions after
8 p.m., she says.
Not only does she not mind
the turnover, Woodard says she
prefers these more serious
minded summer tenants. “I en
joy dealing with students that
are not freshmen,” she adds.
For information on available
housing, contact ASUO Off
Campus Housing at 686-3731 or
686-4341.
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