404 Front St - Apartments FOR SALE


Sumas, WA 98295
$3,300,000 USD
360-820-2000
404 Front St, Sumas, WA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/23
null | 5.24% Cap Rate

404 Front St
Sumas, WA 98295


HIGHLIGHTS

  • Adjacent to Sumas Elementary School
  • Blocks away restaurants and retail
  • Professionally managed

OVERVIEW

12-unit apartment complex (3 four plexes) in the tight-knit community of Sumas! Located directly adjacent to Sumas Elementary School in a quiet part of town, but only blocks away from eating and retail establishments on State Route 9. Units are 3-bed/2.5-bath with fully equipped kitchens, washer/dryer, vinyl and carpeted floors, and outdoor patio. Plenty of on-site parking for tenants. Professionally managed since being built in 2019 with a strong rental history.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

12

PRICE/UNIT

$275,000

CAP RATE

5.24%

% 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

2019

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

RH

APN/PARCEL ID

410435-102010-0000,410435-108010-0000,410435-114010-0000

ASK ABOUT THIS PROPERTY

Troy MuljatMuljat Group CommercialMore Info
360-820-2000

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Troy MuljatMuljat Group CommercialMore Info
360-820-2000

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