Lexington at the Park

3217 27th Ave SE, Albany, OR 97322

  • For Sale $11,950,000
  • Property Type Other
  • Property Size 59,409 SF
  • Units 51
  • Date Updated Jun 12, 2025

Introducing Lexington at the Park, a 51-unit, townhome-style multifamily community located in Albany, Oregon. Built in 2003, the property features spacious two- and three-bedroom layouts averaging over 1,100 square feet. Each home includes a private garage, in-unit washer and dryer, individual entrance, and desirable features such as patios, fenced backyards, walk-in closets in select units, and access to tree-lined, pedestrian-friendly streets.

Positioned adjacent to I-5, the location offers convenient connectivity to nearby employment centers in Salem, Corvallis, and the broader mid-Willamette Valley. Residents benefit from proximity to parks, schools, and daily retail needs, making it a practical choice for families and long-term tenants. With strong local demographics, a growing population, and limited comparable rental product, Lexington at the Park presents a durable investment with long-term upside through organic rent growth and operational efficiencies.

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Contacts

broker
Adam Smith

HFO Investment Real Estate | a Member of GREA

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Albany, OR
  • Zip Code 97322
  • Market Eugene

Points of Interest

  • Albany

    1.78 miles

  • Safeway Fuel Station

    0.88 miles

  • Shell

    0.95 miles

  • Electrify America

    1.29 miles

  • Costco Gasoline

    1.47 miles

  • Chevron

    1.70 miles

  • Arco

    1.88 miles

  • Mobil

    1.90 miles

  • Pacific Pride

    2.34 miles

  • Leather's Fuel

    4.32 miles

  • EZ

    4.37 miles

  • Arboretum Parking Lot

    8.37 miles

  • Automobile Parking

    8.47 miles

  • Truck and RV Parking

    8.47 miles

  • Rest Area I-5 (South Bound)

    8.67 miles

  • Samaritan Hospital Parking

    9.02 miles

  • Corvallis Clinic Parking

    9.10 miles

  • McDonald's Parking lot

    9.20 miles

  • 912 and 908 Car parking

    9.22 miles

  • Phoenix Inn

    0.90 miles

  • Rodeway Inn

    1.14 miles

  • Best Western Prairie Inn

    1.18 miles

  • La Quinta Inn

    1.71 miles

  • Super 8

    1.77 miles

  • Comfort Suites

    1.91 miles

  • Holiday Inn Express & Suites

    1.95 miles

  • St. Francis

    2.28 miles

  • Best Western Premier Boulder Falls Inn

    9.19 miles

  • Best Western Grand Manor and Suites

    9.53 miles

  • Spice Fusion

    0.77 miles

  • No Baloney Subs & Salads

    0.78 miles

  • Applebee's

    0.91 miles

  • Del Taco

    0.91 miles

  • Chipotle

    0.92 miles

  • Red Robin

    0.94 miles

  • Burger King

    0.94 miles

  • Carl's Jr.

    0.95 miles

  • Abby's

    0.96 miles

  • Elmer's

    0.96 miles

  • Periwinkle Elementary School

    0.38 miles

  • Good Shepherd Lutheran School

    0.69 miles

  • South Albany High School

    0.72 miles

  • Oak Elementary School

    1.00 miles

  • Calapooia Middle School

    1.05 miles

  • Lafayette Elementary School

    1.08 miles

  • South Shore Elementary School

    1.11 miles

  • Sunrise Elementary School

    1.17 miles

  • Waverly Elementary School

    1.40 miles

  • Albany Christian School

    1.90 miles

  • Maple Lawn Preschool

    1.51 miles

Frequently Asked Questions

How much does Lexington at the Park cost?

The space currently listed for sale at Lexington at the Park asks for $11,950,000.

What is the total square footage of Lexington at the Park?

Lexington at the Park totals 59,409 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Adam Smith

HFO Investment Real Estate | a Member of GREA

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