Listed by Westlake Associates, Inc.
$3,500,000
Sunnyside Sands Apartments
Details
APN 051804600400
Property Type Multifamily
Sub Type Apartment Building
Square Footage 33,600
Net Rentable (SqFt) 33,600
Units 60
Cap Rate 7.06%
NOI $246,928
Pro-Forma Cap Rate 9.52%
Pro-Forma NOI $333,162
Price per SqFt $104
Year Built 1975
Buildings 5
Stories 2
Lot Size (SqFt) 56,732
Zoning C2
Parking Spaces spaces
Hoquiam 40-Unit For Sale
Marketing description
Multifamily • 40 Units • 33,760 SF
Investment highlights
Sunnyside Sands Apartments is a well-maintained 18-unit garden-style community built in 1965 in Hoquiam. Offering two-bed and one-bed unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $173,000 in recent capital improvements.
Listing Contacts
Listed by Westlake Associates, Inc.
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$246,928.00
$20,577.33/mo
Valuation Metrics
0
DSCR
7.06%
Cap Rate
7.06%
ROI
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