331 1st St - Apartments FOR SALE


Raymond, WA 98577
$3,250,000 USD
660-651-7933
331 1st St, Raymond, WA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/2
null | 10.74% Cap Rate

331 1st St
Raymond, WA 98577


HIGHLIGHTS

  • Affordable housing, central laundry, individual heat and air, fire walls, paved parking subsidized rents.

OVERVIEW

Raymond House Apartments consist of 24 - 1 bedroom apartments and 6 - 2 bedroom apartments. Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan interest to one percent. THE NON DISCRIMINATION STATEMENT: "This institution is an equal opportunity provider". Statement: Wee are pledged to the letter and spirit of US policy for the achievement of equal housing opportunity throughout the nation. We encourage and support affirmative advertising and marketing programs in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. OR Equal Housing Opportunity.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

30

PRICE/UNIT

$108,333

CAP RATE

10.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

UGA

APN/PARCEL ID

72040010011

ASK ABOUT THIS PROPERTY

Norma HootonThe HeartlandMore Info
660-651-7933

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Norma HootonThe HeartlandMore Info
660-651-7933

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