2932 NW 16th St - Apartments FOR SALE


Battle Ground, WA 98604
$2,250,000 USD
503-241-5541
2932 NW 16th St, Battle Ground, WA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/29
null | 5.11% Cap Rate

2932 NW 16th St
Battle Ground, WA 98604


OVERVIEW

Located within the highly desirable Lone Oak Estates subdivision in Battle Ground, this offering presents a rare opportunity to acquire three newly constructed duplexes situated on three separate tax lots, providing investors with exceptional flexibility through multiple exit strategies, including continued rental operations, individual home sales, or future bulk disposition. Each residence features modern open-concept floor plans with high-end finishes throughout, including tile baths, laminate plank flooring, quartz countertops, stainless steel appliances, and contemporary fixtures—features many competing builders treat as premium upgrades but are included here as standard. Positioned within one of Clark County’s fastest-growing submarkets, the property benefits from strong housing demand, limited inventory, and rapid sales absorption within the subdivision, supporting both “for-rent” and “for-sale” investment strategies. Combined with the advantages of newer construction and low-maintenance ownership, the offering provides investors with durable tenant appeal, operational flexibility, and long-term upside in a high-growth suburban market.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

6

PRICE/UNIT

$375,000

CAP RATE

5.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lone Oak Estates

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

R7

APN/PARCEL ID

986058-214,986058-215,986058-216

ASK ABOUT THIS PROPERTY

Greg FrickHFO Investment Real EstateMore Info
503-241-5541

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Greg FrickHFO Investment Real EstateMore Info
503-241-5541

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