560 Bozarth Ave - Apartments FOR SALE


Woodland, WA 98674
$5,250,000 USD
206-556-4419
560 Bozarth Ave, Woodland, WA for Sale
$5,250,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

560 Bozarth Ave
Woodland, WA 98674


HIGHLIGHTS

  • Offered at $263,000 per unit.
  • Priced at an in-place 5.12% cap rate and stabilizing to a 5.50% cap rate.
  • 20 miles from the fast-growing Vancouver Market.
  • 12 newly constructed apartments units (2024) and 8 entirely rebuilt units (2023).
  • All three buildings feature modern systems and unit finishes.

OVERVIEW

Northmarq is pleased to present Bozarth Apartments in Woodland, WA. This offering includes a 12-unit apartment building built in 2024 and an additional 8-units, originally built in 1969 but entirely rebuilt in 2023. All three buildings and their units feature modern plumbing, electrical, HVAC systems and unit finishes. The Bozarth Apartments presents the opportunity to acquire a stabilized and quality asset at a compelling basis compared to cost of construction. The property features 20 spacious multifamily units, averaging 811 square feet each, with an attractive mix of one-bedroom, two-bedroom, and two-bedroom townhome-style units. All units are equipped with modern finishes, washer and dryer, and a full set of appliances. With its strategic positioning offering convenient access to I-5, Bozarth Apartments is only 30 minutes away from the fast-growing city of Vancouver, making it an attractive option for both residents and investors alike. The property currently 100% occupied, reflecting strong demand in the market.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$612 USD /SF

# OF UNITS

20

PRICE/UNIT

$262,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bozarth Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

R03

APN/PARCEL ID

5-052501

ASK ABOUT THIS PROPERTY

Matt JohnstonNorthmarqMore Info
206-556-4419

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Matt JohnstonNorthmarqMore Info
206-556-4419

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