4408 Gibbons St - Apartments FOR SALE


Vancouver, WA 98661- Bagley Downs
$875,000 USD
360-816-6706
4408 Gibbons St, Vancouver, WA for Sale
$875,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

4408 Gibbons St
Vancouver, WA 98661
Bagley Downs


HIGHLIGHTS

  • Single Car Garage
  • Income Producing
  • High traffic location

OVERVIEW

Unit #1 is vacant-recently remodeled-MUST USE ALIGNED TO SHOW THIS UNITONLY. Only unit with mini-split. Seller retains the right to rent Unit 1 to new occupant prior to entering into an agreement to sell-expected rental rate is $1,650. Unit #3 has been re-modeled and has new lease signed in December 2024-under Blue Key Property Management. Units #2 and #4 have long term tenants, which are on MTM agreements. Approximately 6 uncovered parking spaces. Vacancy rate is currently reflected at 25% be-cause Unit 1 has been left vacant for showings. Lockbox is on laundry room door.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mossbarger Plex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R-18

APN/PARCEL ID

030251-226

ASK ABOUT THIS PROPERTY

Michael McCaffertyMikeys HousesMore Info
360-816-6706

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Michael McCaffertyMikeys HousesMore Info
360-816-6706

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