68 W Hwy 28 - Apartments FOR SALE


Soap Lake, WA 98851
$1,099,000 USD
509-989-3309
68 W Hwy 28, Soap Lake, WA for Sale
$1,099,000 USD
Apartments - FOR SALE
1/1
null | 9.13% Cap Rate

68 W Hwy 28
Soap Lake, WA 98851


HIGHLIGHTS

  • Cable and power are included in rent

OVERVIEW

Located between Ephrata and Soap Lake, there are 14 units, plus a small rental storage space. 100% occupancy rate! Please note that there are 6 studio units @$725/monthly each, 7 1-bedroom units @$775/monthly, 1 1-bedroom unit @$750/monthly and 1 storage unit for $200/monthly. Cable and power are included in rent. Buyer and Buyer's Broker to be present for all visitations to the property to receive full compensation. 7F on file. Per the seller, there will not be a sign on the property.

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

14

PRICE/UNIT

$78,500

CAP RATE

9.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

city

APN/PARCEL ID

081202000

ASK ABOUT THIS PROPERTY

Jay KincaidWindermere Real Estate K-2 RealtyMore Info
509-989-3309

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Jay KincaidWindermere Real Estate K-2 RealtyMore Info
509-989-3309

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