The portfolio consists of two duplex buildings, each comprising two legally separate sides. Building A and Building B can be sold separately. Building A 3411 & 3413 Cascade Road NW Sold together. Combined Annual NOI: $168,000. Purchase Price: $2,600,000.
Annual Rental Income: $168,000 Lease Term: May 2030 Net Lease Structure: Tenant pays utilities, maintenance, and operating expenses Hands-Off Ownership: Minimal landlord responsibilities v Stable income v Non-profit, property-tax-exempt tenant v Reduced operating risk v Predictable returns v Low management burden