524-602 Terrace St - Apartments FOR SALE


Monroe, WA 98272
$6,210,000 USD
206-287-0213
524-602 Terrace St, Monroe, WA for Sale
$6,210,000 USD
Apartments - FOR SALE
1/10
null | 6.52% Cap Rate

524-602 Terrace St
Monroe, WA 98272


OVERVIEW

Fully renovated, high-quality multifamily asset available for sale in Monroe, WA. Two buildings, 18 units total, located in a high-demand commuter submarket. Zero deferred maintenance and immediate cash flow.

FOR SALE DETAILS

PRICE

$6,210,000 USD

PRICE/SF

$308 USD /SF

# OF UNITS

18

PRICE/UNIT

$345,000

CAP RATE

6.52%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,137 SF

ZONING

MR6000, Monroe

APN/PARCEL ID

004846-005-002-00,004846-005-003-00

ASK ABOUT THIS PROPERTY

206-287-0213

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206-287-0213

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