1149 SW Cascade Ave - Apartments FOR SALE


Chehalis, WA 98532
$1,890,000 USD
360-623-5628
1149 SW Cascade Ave, Chehalis, WA for Sale
$1,890,000 USD
Apartments - FOR SALE
1/31
null | 5.6% Cap Rate

1149 SW Cascade Ave
Chehalis, WA 98532


OVERVIEW

10-unit apartment complex with great rental history. Amazing investment without the headache. So much maintenance and updating has been done. Room to raise rents for additional upside potential. New siding, new insulation. All electrical updated: new exterior meters, new interior panels, new grounding rods. New roofs for both buildings. New main sewage and drainage lines. New windows - vinyl & double-paned. Ductless mini-split heat pumps for all units, providing AC/heat. Fresh landscaping. 22 space parking lot. Walking distance to schools, parks, restaurants, grocery and minutes from I-5. Don't miss this opportunity!

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

10

PRICE/UNIT

$189,000

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

R2

APN/PARCEL ID

005397-003-000

ASK ABOUT THIS PROPERTY

Ben HansenVoetberg Hansen Real EstateMore Info
360-623-5628

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Ben HansenVoetberg Hansen Real EstateMore Info
360-623-5628

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