5750 NE 34th St - Apartments FOR SALE


Vancouver, WA 98661- Bagley Downs
$4,750,000 USD
971-717-6351
5750 NE 34th St, Vancouver, WA for Sale
$4,750,000 USD
Apartments - FOR SALE
1/32
null | 7.35% Cap Rate

5750 NE 34th St
Vancouver, WA 98661
Bagley Downs


OVERVIEW

HFO is pleased to present 34th Street Apartments, a 2018-constructed, turn-key multifamily asset featuring spacious three-bedroom floor plans, modern design finishes, and in-unit laundry, resulting in strong renter appeal and minimal near-term capital requirements. The property benefits from off-street parking, pet-friendly units, and a highly functional unit mix that supports stable occupancy while offering an operations-driven upside through continued rent optimization and expense management. Well located within Vancouver’s 98661 ZIP code, the asset sits in an established residential neighborhood with convenient access to employment centers and amenities throughout the greater Portland–Vancouver metro. The investment is further enhanced by assumable debt and an attractive tax abatement, providing favorable financing and cash-flow efficiency for a new owner.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

20

PRICE/UNIT

$237,500

CAP RATE

7.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

34th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

R-30

APN/PARCEL ID

029473-072

ASK ABOUT THIS PROPERTY

Todd TullyHFO Investment Real EstateMore Info
971-717-6351

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Todd TullyHFO Investment Real EstateMore Info
971-717-6351

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