Listed by Skyline Properties Inc.
$1,050,000
302 3rd Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,010
Units 4
Cap Rate 6.53%
NOI $68,609
Occupancy 100%
Price per SqFt $349
Year Renovated 2025
Buildings 1
Stories 1
Investment Type Stabilized
Multifamily | 4 Units | $68,608.55 NOI
Marketing description
Modern, low-maintenance fourplex in the heart of Woodland with strong income and future development potential. Beautifully remodeled with modern finishes, efficient systems, and a durable metal roof offered at an attractive 6.53% cap rate. Each unit is leased and performing, grossing $6,645/month with minimal expenses.
Located just a short walk to Horseshoe Lake Park and under 20 minutes to Vancouver, WA. City pre-consult outlines a path for four additional units on the lot. Reliable income, design quality, and expansion potential in one of SW Washington’s most promising growth markets.
Buyer to verify all information and future use potential. Please do not disturb tenants; interior showings after accepted offer. Owner/Broker
Listing Contacts
Listed by Skyline Properties Inc.
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$68,609.00
$5,717.42/mo
Valuation Metrics
0
DSCR
6.53%
Cap Rate
6.53%
ROI
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