The Arcade Apartments

Arcade Apartments presents a compelling investment opportunity just blocks from Oregon State University in Corvallis, Oregon — a high-barrier market where constrained multifamily development supports strong occupancy and long-term rent stability. The property benefits from durable, campus-driven rental demand, recent capital improvements that reduce near-term maintenance exposure, and value-add amenities including off-street parking and income-generating on-site laundry. With the asset currently operated as conventional multifamily, there is meaningful operational upside through a transition to a by-the-bed, student-focused leasing model aligned with the academic calendar — a strategy that typically drives higher effective rents, stronger occupancy, and more predictable revenue.