1029 S Sand Dune Ave SW - Multi-Family FOR SALE


Ocean Shores, WA 98569
$990,000 USD
360-970-8954
1029 S Sand Dune Ave SW, Ocean Shores, WA for Sale
$990,000 USD
Multi-Family - FOR SALE
1/12
null | 6.72% Cap Rate

1029 S Sand Dune Ave SW
Ocean Shores, WA 98569


HIGHLIGHTS

  • Ocean Front View
  • Fully Occupied
  • Amazing Sunsets

OVERVIEW

Oceanfront tri-plex in Ocean Shores offering strong income performance and stunning sunset views from three ocean-facing decks. Two units are occupied by long term (9+ years) tenants and the third unit just started a 1 year lease. Fully rented, the property now delivers a solid 6.7% cap rate. Located in a quiet, non-short term rental area, it offers stable, long-term rental appeal. An excellent option for investors seeking a turnkey asset and ideal for those identifying a replacement property for a 1031 exchange.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

3

PRICE/UNIT

$330,000

CAP RATE

6.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean Front Tri-Plex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Palmer HigaBhgre- Northwest Home TeamMore Info
360-970-8954

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Palmer HigaBhgre- Northwest Home TeamMore Info
360-970-8954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.