204 SE 12th St - Apartments FOR SALE


College Place, WA 99324
$1,150,000 USD
602-697-7769
204 SE 12th St, College Place, WA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/31
null | 6.4% Cap Rate

204 SE 12th St
College Place, WA 99324


HIGHLIGHTS

  • Rental History - Professional Management

OVERVIEW

Eight unit apartment building offered with property management, and tenants in place delivered at closing. Viewing during due diligence / inspection period with accepted offer that includes proof of funds (or investment loan pre-approval). Use WAR forms to present offers. Title to be First American Title - Sahra Hale. Call listing Broker for projected cash proformas and details. Do not Disturb residents. TURN-KEY APARTMENT INVESTMENT PROPERTY with professional property management and tenants in place. Eight Unit Apartment includes SIX 2 bedroom & 1 bath units, ONE 1 bedroom one bath unit, and ONE studio unit. Open kitchen with renovated fixtures, paint, floorings and all units have new Heat/AC mini-split systems. Property is 100% rented after 2 years of renovations and stabilization.  Excellent 1031 Exchange opportunity!

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$207 USD /SF

# OF UNITS

8

PRICE/UNIT

$143,750

CAP RATE

6.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skyway Apartments - 204 SE 12th St College Pl

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

R4

APN/PARCEL ID

350736580208

ASK ABOUT THIS PROPERTY

Brent Barker PCColdwell Banker CommercialMore Info
602-697-7769

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Brent Barker PCColdwell Banker CommercialMore Info
602-697-7769

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