1910 NE Stapleton Rd - Apartments FOR SALE


Vancouver, WA 98661
$1,050,000 USD
360-816-6706
1910 NE Stapleton Rd, Vancouver, WA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1910 NE Stapleton Rd
Vancouver, WA 98661


HIGHLIGHTS

  • Investment Opportunity
  • 2 Year old roof
  • Income producing property

OVERVIEW

Incredible investment opportunity!! Great income producing property with 6 units in total, each with 2 bed-rooms and 1 bathroom with lovely fenced in backyards. Washer/Dryer hookups. Recent updates include new waterlines, new roof on 2 buildings, new exterior paint. Ample off street parking for tenants. Close to restaurants, shopping and more! Seller's estimated cap rate is 5.5%-financials provided. PLEASE DO NOT DISTURB TENANTS. Write offers subject to interior inspection. New water lines. Buildings separately metered. Roof approximately 2 years old on buildings with units 3-6. Other building had new roof installed approximately 2012. New exterior paint. Mini split in units offers heat & a/c. Each units gets one parking space in front of unit and another in parking lot. All units are currently leased, with one becoming vacant at the end of January 2025. Seller's estimated cap rate is 5.5%. See attached financials. Due to the number of units, this is a commercial property as op-posed to residential and therefore, there will be no Property Transfer Disclosure Statement. Commercial financing must be used on this property.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

MD

APN/PARCEL ID

030239-012

ASK ABOUT THIS PROPERTY

Michael McCaffertyMikeys HousesMore Info
360-816-6706

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Michael McCaffertyMikeys HousesMore Info
360-816-6706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.