300 Okanogan Ave - Apartments FOR SALE


Wenatchee, WA 98801
$2,200,000 USD
206-773-2685
300 Okanogan Ave, Wenatchee, WA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

300 Okanogan Ave
Wenatchee, WA 98801


OVERVIEW

The multifamily component is for sale for $2,200,000 and can be purchased separately or in combination with the office component for a total price of $4,400,000. The Deaconess presents a unique opportunity to acquire a well-performing, opportunity zone investment, mixed-use property located in the heart of Downtown Wenatchee—a market experiencing steady growth and limited new supply. The asset combines affordable multifamily housing and multi-tenant office space, offering investors diversified income streams in a high barrier-to-entry location.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$76 USD /SF

# OF UNITS

26

PRICE/UNIT

$84,615

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Deaconess Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

RMU

APN/PARCEL ID

53742

ASK ABOUT THIS PROPERTY

Scott EshelmanLee & Associates Commercial Real Estate ServicesMore Info
206-773-2685

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Scott EshelmanLee & Associates Commercial Real Estate ServicesMore Info
206-773-2685

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