Listed by Pacific Commercial Brokers
$1,200,000
429 1st Ave N
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,008
Units 4
Cap Rate 3.63%
NOI $43,573
Occupancy 100%
Price per SqFt $399
Class C
Year Built 1981
Buildings 1
Stories 2
Lot Size (SqFt) 12,720
Investment Type Value Add
Multifamily | 4 Units | $300,000/unit
Marketing description
Fully Rented and well maintained. Close to Boeing. Property is situated on a large lot with lots of parking and easy access to I-167. The
individual 2 Bedroom 1 Bath units are good size with updated carpeting, appliances, and vinyl windows and flooring in most of the units.
Washer/Dryer hook ups in each unit and large deck areas. Call agent for access information.
Listing Contacts
Listed by Pacific Commercial Brokers
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$43,573.00
$3,631.08/mo
Valuation Metrics
0
DSCR
3.63%
Cap Rate
3.63%
ROI
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