Listed by Westlake Associates, Inc.
$1,095,000
Harbor House Condos
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,141
Net Rentable (SqFt) 9,141
Units 22
Cap Rate 6.76%
NOI $74,053
Pro-Forma Cap Rate 8.56%
Pro-Forma NOI $93,694
Price per SqFt $120
Year Built 1981
Buildings 1
Lot Size (SqFt) 16,516
Zoning C2
Hoquiam 12-Unit For Sale
Investment highlights
Harbor House Condos is a well-maintained 18-unit garden-style community built in 1965 in Hoquiam. Offering two-bed, one-bed and studio 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 $111,000 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
$74,053.00
$6,171.08/mo
Valuation Metrics
0
DSCR
6.76%
Cap Rate
6.76%
ROI
Map
Zoning
A1 AgricultureAgricultural Use
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View all 17 uses
View all 17 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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