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33190034
33190030

5809 NE 71st Ave, Vancouver, WA 98661

AG
CA 02237931, 21031652
$8,495,000
5 days on market
Updated 5 days ago

5809 NE 71st Ave

Details
Property Type Multifamily
Sub Type Apartment Building
Units 19
NOI $428,000
Occupancy 100%
Tenancy Multi
Year Built 2018
Stories 2
Acreage 1.270
Parking Spaces 19 per unit

5809 NE 71st Ave, Vancouver, WA 98661

Marketing description

All units tenant occupied! Built in 2018, this well-designed 19-unit townhouse community offers modern comfort and durable finishes throughout. Seventeen units feature a spacious 3-bedroom, 2.5-bathroom layout with 1,540 square feet, while two ADA-accommodating units offer 4 bedrooms, 3 full bathrooms, and 1,832 square feet. All homes include stylish Luxury Vinyl Plank flooring in the main living areas, with tile flooring in bathrooms and utility rooms. Each unit features large windows and a light color palette for abundant natural light, along with a fireplace in the living space. Contemporary kitchens are equipped with granite countertops, tile backsplashes, and stainless steel appliances. Every unit includes an attached 1-car garage, in-unit laundry, and access to guest parking.

Investment highlights

  • 1.27 Acre Lot
  • All Units Occupied
  • Controlled Entrance
  • In-Unit Laundry
  • Attached Garages
  • High Speed Internet

Listing Contacts

AG
CA 02237931, 21031652

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$428,000.00
$35,666.67/mo

Valuation Metrics

0
DSCR
5.04%
Cap Rate
5.04%
ROI

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