303 E Broadway Ave - Apartments FOR SALE


Montesano, WA 98563
$3,520,000 USD
360-918-4381
303 E Broadway Ave, Montesano, WA for Sale
$3,520,000 USD
Apartments - FOR SALE
1/25
null | 5.79% Cap Rate

303 E Broadway Ave
Montesano, WA 98563


HIGHLIGHTS

  • 10-Unit Townhome-Style Multifamily | Built 2022 | Montesano, WA
  • $203,633 in NOI With upside potential through market rent growth

OVERVIEW

Premium 10-unit multifamily investment featuring townhome-style apartments built brand new in 2022. This modern asset offers investors strong in-place income, minimal deferred maintenance, and durable long-term hold appeal. The property is located in the heart of Montesano, the county seat of Grays Harbor County, benefiting from limited multifamily supply and consistent local rental demand. Unit designs and finishes are tenant-attractive, supporting stable occupancy and future rent growth. This offering is well-suited for private investors, portfolio expansion buyers, or 1031 exchange replacement seeking modern construction and predictable operations without major capital expenditure risk.

FOR SALE DETAILS

PRICE

$3,520,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

10

PRICE/UNIT

$352,000

CAP RATE

5.79%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bedford Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

070700100600,070700101300

ASK ABOUT THIS PROPERTY

Paul StrawnRiley Jackson Real Estate, Inc.More Info
360-918-4381

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Paul StrawnRiley Jackson Real Estate, Inc.More Info
360-918-4381

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