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  • Price:

    • $1,550,000

  • Listing #:
    • 21681642
  • Class:
    • Multi-Family
  • Type:
    • N/A
  • Status:
    • Pending
  • Units:
    • 12
  • Apx. Sqft.:
    • 7850
  • Lot Size:
    • 20,000 SqFt to ....
  • Year Built:
    • 1975
  • Elementary:
    • Other
  • Middle School:
    • Cascade
  • High School:
    • Evergreen
  • Subdivision:
    • Hearthwood
  • Address:
    • 14623 NE COAST PINE CT
  • City:
  • County:
    • Clark
  • Area:
    • Vancouver: Cascade Park
  • State:
    • WA
  • Zip:
    • 98684

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Description

Two six plex buildings (14623 & 14625 NE Coast Pine CT) for a total of 12 units in the Hearthwood area of Vancouver. The two separate buildings have a shared driveway, parking lot and laundry. Tenants are month to month and current on rent. Drive by only, offer subject to inspection. Investor upside when rents are brought to market. Additional 6 plex (14621 NE Coast Pine CT)available next door, all 3 bed 1.5 bath units for $850,000. Buy all 18 units for $2,400,000.
  • Unit Type 1 Units Total:
    • - 2
  • Unit Type 1 Beds Total:
    • - 1
  • Unit Type 1 Baths Total:
    • - 1
  • Unit Type 1 Sq. Ft.:
    • - 627
  • Unit Type 1 Rent:
    • - 550
  • Unit Type 2 Units Total:
    • - 1
  • Unit Type 2 Beds Total:
    • - 1
  • Unit Type 2 Baths Total:
    • - 1
  • Unit Type 2 Sq. Ft.:
    • - 627
  • Unit Type 2 Rent:
    • - 625
  • Unit Type 3 Units Total:
    • - 1
  • Unit Type 3 Beds Total:
    • - 2
  • Unit Type 3 Baths Total:
    • - 1
  • Unit Type 3 Sq. Ft.:
    • - 790
  • Unit Type 3 Rent:
    • - 900
  • Unit Type 4 Units Total:
    • - 3
  • Unit Type 4 Beds Total:
    • - 1
  • Unit Type 4 Baths Total:
    • - 1
  • Unit Type 4 Sq. Ft.:
    • - 627
  • Unit Type 4 Rent:
    • - 850
  • Capitalization Rate:
    • - 4.48
  • Operating Expenses Actual:
    • - 29772
  • Gross Income Actual:
    • - 99240
  • Gross Rent Multiplier:
    • - 15.62
  • Operating Expenses Projec:
    • - 38520
  • Gross Income Projected:
    • - 128400
  • Net Income Projected:
    • - 89880
  • Net Income Actual:
    • - 69468
  • Stories:
    • - 1
  • Roof Type:
    • - Composition
  • Sewer Description:
    • - Public Sewer
  • Storage:
    • - Individual Storage Units
  • Heating Description:
    • - Wall Furnace
  • Exterior Description:
    • - T-111 Siding
  • Fuel Description:
    • - Electricity
  • Hot Water Description:
    • - Electricity
  • Lot Description:
    • - On Busline
    • - Cul-de-sac
    • - Level
  • Occupancy Types:
    • - Month To Month
  • Water Description:
    • - Public
  • Unit Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • ViewYN:
    • - Yes
  • View Description:
    • - Territorial
  • Zoning:
    • - R-9
  • Tax Amount:
    • - 12640.82
  • UnitType5BathsTotal:
    • - 1
  • UnitType5BedsTotal:
    • - 1
  • UnitType5ActualRent:
    • - 550
  • UnitType5SqFt:
    • - 627
  • UnitType5UnitsTotal:
    • - 1
  • UnitType6BathsTotal:
    • - 1
  • UnitType6BedsTotal:
    • - 1
  • UnitType6ActualRent:
    • - 550
  • UnitType6SqFt:
    • - 627
  • UnitType6UnitsTotal:
    • - 1
  • UnitType7BathsTotal:
    • - 1
  • UnitType7BedsTotal:
    • - 1
  • UnitType7ActualRent:
    • - 675
  • UnitType7SqFt:
    • - 627
  • UnitType7UnitsTotal:
    • - 1
  • UnitType8BathsTotal:
    • - 1
  • UnitType8BedsTotal:
    • - 2
  • UnitType8ActualRent:
    • - 725
  • UnitType8SqFt:
    • - 790
  • UnitType8UnitsTotal:
    • - 1
  • UnitType9BathsTotal:
    • - 1
  • UnitType9BedsTotal:
    • - 1
  • UnitType9ActualRent:
    • - 595
  • UnitType9SqFt:
    • - 627
  • UnitType9UnitsTotal:
    • - 1
  • UnitType1Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType2Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType3Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType4Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType5Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType6Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType7Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType8Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
  • UnitType9Features:
    • - Dishwasher
    • - Range
    • - Refrigerator
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For more information on this listing, please contact...

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