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Properties » Multi-Family » Property Details
City
Vancouver

State
WA

Price
$387,500,000

Features
5+ 3 5+


Great Cash Flow / Condo conversion

The subject project is comprised of 78 existing units in nine two-story buildings. only 40 of these units which have not yet been sold to private parties are for sale. The complex was originally constructed as an apartment, but was converted to condominiums in 2005. The unit mix includes studios, one-bedrooms, two-bedrooms, three bedrooms,four-bedrooms, both flat and townhouse style units. Regarding~locational considerations, the subject property has good access to major thoroughfares, including Andresen Road, Fourth Ploin Boulevard, State Route I-5 and Interstate 205. The subject has convenient access to schools, employment, shopping and other services associated with the commercial development surrounding the Westfield Shoppingtown, and the Fourth Plain Boulevard and Andresen Rood corridors. Although NE 82^n^a Avenue is not considered to be a main thoroughfare, it is a well traveled street and provides direct access to Thurston Way, a commercial corridor immediately west of the mall. Overall, the subject's location is considered to be good with respect to access to transportation routes and commercial services, with average exposure.

Details Monthly Profits
Zoning: Residential Rental Income:
Cash Flow: Yes Other Income:
Lease Option: No Taxes:
Owner Financing: No Insurance:
Short Sale: No Utilities:
Rehab: No Net Income:
Contact Details
Steve Burright
Vancouver, Washington
360-910-7392
sburright@gmail.com
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