403 N 21st St - Apartments FOR SALE


Mount Vernon, WA 98273
$4,350,000 USD
360-421-4111
403 N 21st St, Mount Vernon, WA for Sale
$4,350,000 USD
Apartments - FOR SALE
1/17
null | 5.03% Cap Rate

403 N 21st St
Mount Vernon, WA 98273


HIGHLIGHTS

  • New construction and existing 4 Plex
  • Heating and Cooling
  • Open Floor Plan
  • Close Proximity to medical, schools, retail and restaurants
  • Lots of Natural Light
  • Garages with to EV Stations

OVERVIEW

10 units are comprised of 2 Studios/1 Bath | 3 - 1 Bed/2 Baths | 5 - 2 Bed/2 Baths All units have new appliances and are plumbed for washer and dryer. The adjacent 4 plex has a strong rental history and all are 2 bed/1.5 Baths with a shared laundry facility. Close proximity to medical, schools, retail, restaurants, College Way, Division St. and I-5.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$1,142 USD /SF

# OF UNITS

14

PRICE/UNIT

$310,714

CAP RATE

5.03%

% LEASED

30%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,908 SF

ZONING

R-3

APN/PARCEL ID

P26917

ASK ABOUT THIS PROPERTY

Balisa KoetjeWindermere Real Estate / Skagit ValleyMore Info
360-421-4111

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

Balisa KoetjeWindermere Real Estate / Skagit ValleyMore Info
360-421-4111

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