FHA-insured · 542(c) HFA risk-sharing

Oakwood Manor Apts

1665 Oak Patch Rd, Eugene, OR 97402 · 72 units

Oakwood Manor Apts carries a $2.5 million FHA-insured mortgage at a 6% note rate, endorsed by HUD on December 14, 1999 and maturing in December 2029. HUD's file put the amortized balance at $523,114 as of September 30, 2026, with 3 years 3 months left on the term. The loan is financed with tax-exempt bonds and paired with low-income housing tax credits.

Note rate
6%
Balance, September 2026
$523,114
Monthly principal and interest
$14,797
Matures
December 2029
Original amount
$2,468,000
Original amount per unit
$34,278
Term
360 months (30 years)
First payment
January 1, 2000
Initial endorsement
December 14, 1999
HUD program (as filed)
542(C) HFA RISK SHARING-RECENT COMP (YHN)
FHA project number
12698013
Mortgage holder
Oregon Housing and Community S
Servicer
Oregon Housing and Community S

Would a refinance lower the payment?

This loan's 6% rate is above the 5.54% median on HUD apartment loans endorsed in the 12 months before September 30, 2026. At that median, on the same balance and remaining term, principal and interest would run about $15,000 a month instead of about $15,000: roughly $1,000 a year less, before mortgage insurance, closing costs and any prepayment premium in the note.

This is a risk-sharing loan, which HUD does not allow to use a 223(a)(7). The usual route is a new 223(f) loan, sized on the property's current income.

Own this property?

Send it to the commercial mortgage team at Janover Capital LLC. Say whether you are assuming, refinancing or adding a supplemental loan, and we will give you a preliminary read on what a HUD lender is likely to need. Any terms come from the lender.

Janover Capital LLC is not HUD, FHA or the lender on this loan, and is not affiliated with or endorsed by either. The loan figures on this page come from HUD's public file and are not an offer of credit.

The deal
You

Goes to the commercial mortgage desk at Janover Capital LLC, not to HUD. Prefer email? hello@hudmultifamily.loan

Other HUD-insured loans in Eugene

All 8 in Eugene

Watch this loan

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Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Street address from HUD's Insured Multifamily Properties map layer. Rates and balances are as HUD reports them; if HUD's file is wrong, this page is too. How we use the data.