1409-1414 Nora Lane Townhomes
Stabilized 11 unit Class A townhome style multifamily portfolio
Marketing description
Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.
Investment highlights
Stabilized 11 unit townhome style portfolio consisting of three triplexes and one duplex offered together
Constructed 2021 with low near term capital requirements
Fully occupied with historically no vacancy
Clean, verifiable financials and strong rent collection history
Modern interiors quartz stainless vinyl plank LED lighting throughout
Ductless mini split heating and air conditioning in units
Private garages and private patios for each unit
18 on site parking spaces
Well maintained landscaping with automated irrigation system
Convenient I 5 corridor location centrally located between Seattle and Portland
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