475 N Elliott Ave - Multi-Family FOR SALE


Wenatchee, WA 98801
$1,900,000 USD
509-494-3116
475 N Elliott Ave, Wenatchee, WA for Sale
$1,900,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

475 N Elliott Ave
Wenatchee, WA 98801


HIGHLIGHTS

  • 9-unit, mixed-use opportunity featuring 8 residential units and 1 detached commercial unit
  • 2015-vintage, turn-key buildings
  • Located directly across from Wenatchee Valley College and minutes from downtown
  • Large, open floorplans in a highly desired neighborhood
  • Ability to increase rents with as-is unit interiors
  • One of the few multifamily complexes available in the highly desired Wenatchee market

OVERVIEW

Wenatchee 9 Apartments presents a rare opportunity to acquire a 2015 vintage, well-maintained, mixed-use asset consisting of eight residential units and one detached commercial unit in one of Central Washington’s most sought-after rental markets. Built in 2015, the property offers turnkey buildings with spacious, open-concept floorplans that appeal to a broad tenant base. Ideally located directly across from Wenatchee Valley College and just minutes from downtown Wenatchee, the asset benefits from strong rental demand and excellent accessibility. The property also offers investors the opportunity for immediate rent increases with as-is unit interiors. As one of the few multifamily properties currently available in the highly desirable Wenatchee market, this offering combines stability, location, and upside potential.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

9

PRICE/UNIT

$211,111

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wenatchee 9

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2015

PARKING SPACES

19

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

17870

ASK ABOUT THIS PROPERTY

Max FrameKidder MathewsMore Info
509-494-3116

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Max FrameKidder MathewsMore Info
509-494-3116

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