3903 E 18th St - Multi-Family CONDO FOR SALE


Vancouver, WA 98661- Harney Heights
$2,800,000 USD
503-799-5213
3903 E 18th St, Vancouver, WA for Sale
$2,800,000 USD
Multi-Family CONDO - FOR SALE
1/30
null | 5.4% Cap Rate

3903 E 18th St
Vancouver, WA 98661
Harney Heights


HIGHLIGHTS

  • Gated, secure, safe condo community
  • 100% occupied units
  • reserved parking and in-unit laundry

OVERVIEW

Exceptional opportunity for investors! Secure an exceptional, fully occupied 14 condo units at 3903 E 18th St, featuring immediate cash flow and the added security of the popular Ravenwood Condo GATED COMMUNITY. This is a true turnkey asset with premium tenant amenities that drive demand and retention.Each of the 14 units is a spacious 2-bedroom, 1-bathroom condo, a highly desirable configuration for renters. The property offers superior convenience: EACH UNIT INCLUDES ITS OWN IN-UNIT LAUNDRY and is conveyed with ASSIGNED PARKING per unit with plenty of guest parking, eliminating common ownership headaches and maximizing tenant satisfaction.Property Highlights:14 Units Total: All desired 2 Bed / 1 Bath floor plans. 906SQFT.Premium Amenities: In-Unit Laundry, Gas Fireplaces, and Assigned Parking for every unit—rare features that command top rents. Gated Community: Provides enhanced security, exclusivity, and strong curb appeal.Strong Financials: High occupancy and established rental history ensure immediate and stable cash flow.Low-Maintenance: Well-maintained property with a freshly painted exterior! Convenient Location: Close to Highways, shopping, restaurants and the airport.A rare opportunity to acquire a well-appointed, multi-family asset of this size in a prime, secure location. This is a must-see for serious portfolio expansion. This listing is for 14 units, 1,5,8-12,21,25-28,13,&15. 13&15. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$233,333 USD /SF

CAP RATE

5.4%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ravenwood Condos

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

12,684 SF

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Yamuna BenedictKw Realty Portland CentralMore Info
503-799-5213

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Yamuna BenedictKw Realty Portland CentralMore Info
503-799-5213

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