319 S Tonasket Ave - Apartments FOR SALE


Tonasket, WA 98855
$1,100,000 USD
206-799-1059

NO PHOTO

$1,100,000 USD
Apartments - FOR SALE
null | 5.45% Cap Rate

319 S Tonasket Ave
Tonasket, WA 98855


OVERVIEW

Well cared for 11-unit apartment complex in Tonasket. The property has recently been given a fresh coat of exterior paint, giving it a clean look from the street. Inside, most units have been updated over time, while each apartment includes its own window A/C unit to keep tenants comfortable during the summer months. The complex shows pride of ownership with consistent maintenance, making it an easy property to step into and manage. It offers reliable rental income today with room for future improvements if a new owner chooses. Multi-unit opportunities like this are not often available in the Tonasket area, making this a solid investment with both stability and potential.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$159 USD /SF

# OF UNITS

11

PRICE/UNIT

$100,000

CAP RATE

5.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

-

APN/PARCEL ID

2420180800,2420181000

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206-799-1059

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