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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Aug. 17, 2005)
Tim Bobosky I Photo editor Curt Large, owner of Evergreen Roofing, is having the house at 1626 Hilyard Street renovated so he can resell it or rent it out. This house was one of 12 that he bought in the West University Neighborhood. Reserve your unit today! 941'688'2060 " Coraadfc Noel 541-50l^Bli Light and bright. Updated kitchen cabinets, range and refrigerator. Some units with newer carpet. Downstairs units with back patio area. Charming Courtyard. Off street parking. Water, sewer, garbage paid! $565+deposits school year & year leases available phone: 541-688-2060 bell real estate cell: 541-501-3511 630 river road fax: 541-688-9728 eugene, Oregon 97404 nozama@bell-realty.com Oregon Daily Emerald The Moving Guide is published by the Oregon Daily Emerald Publishing Co. Inc., at the University of Oregon, Eugene, Oregon. The Emerald operates independently of the University with offices in Suite 300 of the Erb Memorial Union. The Emerald is private prop erty. The unlawful removal or use of papers is prosecutable by law. 022383 NEWSROOM BUSINESS ADVERTISING DISPLAY ADVERTISING CLASSIFIED PRODUCTION (541)346-5511 (541)346-5512 (541)346-3712 (541)346-4343 (541)346-4381 Centr'e Court ^TiMU J&e4 g >v>-% s v < s’ bedroom apt: homes %\Y \u; . All fully applianced y\\ \ • Patio m, >„ ymH |W . • Seasonal pool & sun deck £00% |! look inside! Sat( h0f 741-4726 Sorry, no pets 019472 __ u> On ON > HH z c/) H C/) *0 * 2 O *n ►—< m r O advertise. get results, call 346-3712. OREGON DAILY EMERALD Renovation: Project may encourage students to live nearer to campus Continued from page 2B “For the first time in about seven to eight years, the market is favoring the landlord,” Eyster said. “The rental market has been very volatile these years, swinging between the landlord and tenants.” Eyster said he anticipates few vacancies in the market and sees it as competitive and tight. He also said the University owned multi-unit complex on the east side of campus will hold its own. The competitive rental market is a view echoed by Duncan and Brown, a local Eugene firm specializing in property ap praisal with a primary emphasis on residences, apartments, commercial industrial, development property and eminent do main appraisals. The company publishes a semi-annual report on the apartment market in order to measure changes in the Eugene and Springfield area. The firm estimates that the apart ment inventory in this market is about 24,000 units and the information in the report was based on 11,002 units. According to Duncan and Brown’s fall 2004 report, which includes the campus area and was conducted in a two-week period in October, the overall vacancy rate is about 3.06 per cent, and it was 5.29 percent in the spring. The overall metro politan market is experiencing a strong rebound. The report says the campus area as gaining strength with a vacancy rate of 3.44 percent compared to 7.24 percent in fall 2003, which was the highest vacancy rate recorded by Duncan and Brown. The report also says that apartment managers in the area have reported all available units as being reserved prior to the start of the academic year at the University. It also noted that newer apartments are typically leased for a full calendar year, while older apartments were leased only for the school year. The boom in campus-area rentals is attributed to enroll ment at the University and the overall rental market in the metropolitan area. Anslow and Degeneault is a housing firm that has been in volved in many renovation and development projects similar to Large’s current undertaking. Gordon Anslow, designer and builder for Anslow and Degeneault, told the Register Guard that he believes that with newer and better housing choices in the West University neighborhood, students would more likely return to the neighborhood instead of renting across the Willamette River. Daily Emerald News Editor Gabe Bradley contributed to this report.
