6016 NE 105th AVE, Vancouver, WA 98662

$9,529,392
List Price
$9,529,392
Days on Market
14
MLS#
18442635
Property Type
Multifamily
Lot Size
1 to 2.99 Acres
Region
Vancouver: Evergreen
Status
Active

Property Description

New Construction 34 Unit investment opportunity. Completed by end of July. Durable materials (vinyl fence, granite counters, vinyl plank flooring) used to reduce long term holding costs. Approx half of the units are currently leased, anticipated to have all leased prior to close. All units 3 BR/2.5 BA, includes A/C, garage opener, refrig, W&D, window treatments. Rental Portfolio and Pro-Forma available.

Additional Information

Tax Amount
$102,000
Year Built
2018
High School
Heritage
Elementary School
Orchards
Middle School
Covington
Garage Spaces
8
Stories
2
Subdivision
Orchards
Terms
Cash, Conventional
Basement Foundation
Slab
Cooling Description
Central Air
Fuel Description
Electricity
Heating Description
Forced Air
Hot Water Description
Electricity
Exterior Description
Lap Siding, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
53596
Capitalization Rate
5.6
Operating Expenses Actual
195294
Gross Income Actual
728940
Gross Rent Multiplier
13.07
Net Income Actual
533646
Occupancy Types
Leased
Utilities Included
None
Parking Description
Guest, Garage
Covenants/Restrictions
Yes
Number Of Units Total
34
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
1809
Unit Type One Sq Ft
1486
Unit Type One Units Total
16
Unit Type Two Baths Total
3
Unit Type Two Beds Total
3
Unit Type Two Rent
1769
Unit Type Two Sq Ft
1653
Unit Type Two Units Total
16
Unit Type Three Baths Total
3
Unit Type Three Beds Total
3
Unit Type Three Rent
1750
Unit Type Three Sq Ft
1675
Unit Type Three Units Total
1

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of The Hasson Company.

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