10701 NE 59th St - Apartments FOR SALE


Vancouver, WA 98662- Orchards Area
$4,399,900 USD
503-709-4632
10701 NE 59th St, Vancouver, WA for Sale
$4,399,900 USD
Apartments - FOR SALE
1/16
null | 6.01% Cap Rate

10701 NE 59th St
Vancouver, WA 98662
Orchards Area


HIGHLIGHTS

  • Highly desirable Five Corners location
  • Meticulously updated interiors
  • On-site parking

OVERVIEW

This 16-unit property at 10701 NE 59th St offers investors immediate income with a 6.01% cap rate and the security of full renovations already completed. Each 2BR/1BA apartment showcases contemporary finishes, durable hard-surface flooring, and slab countertops in open, light-filled layouts. The desirable Five Corners location delivers high walkability, onsite parking, and close proximity to employment centers, retail, and transit—driving strong tenant demand. With minimal ongoing capital needs, this property is positioned for stable cash flow and long-term appreciation in one of Vancouver’s most active rental markets.

FOR SALE DETAILS

PRICE

$4,399,900 USD

PRICE/SF

$353 USD /SF

# OF UNITS

16

PRICE/UNIT

$274,994

CAP RATE

6.01%

% LEASED

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plainsmen Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

GC

APN/PARCEL ID

106970-000

ASK ABOUT THIS PROPERTY

Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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Darryl Bodle IIKeller Williams CommercialMore Info
503-709-4632

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