Listed by John L Scott Real Estate - Longview
$469,900
823 8th Ave
Details
APN 0-8606
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,288
Units 2
Cap Rate 3.57%
NOI $16,778
Year Built 1978
Stories 2
Lot Size (SqFt) 4,800
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.75
Multifamily | 3.57% CAP | 2 Units
Marketing description
Investment opportunity! Each unit features 3 spacious bedrooms, 1 bathroom, fireplaces, washer and dryer hookups and a single car garageand parking pad with alley access. Great location downtown close to health care, shopping, restaurants, the fairgrounds and I-5. Long Term tenants in place. The property has potential to increase income if personally managed. Rents are below market. Tenants pay all utilities. Live in one unit and rent the other or add to your portfolio!
Listing Contacts
Listed by John L Scott Real Estate - Longview
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$16,778.00
$1,398.17/mo
Valuation Metrics
0
DSCR
3.57%
Cap Rate
3.57%
ROI
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