2315 E 13th St., Vancouver, WA
Multi-family for Sale - $2,450,000 - 11,550 Sq. Ft. on 0.46 acres
Property Info
| CIMLS# | 102951 |
| Location 2315 E 13th St. Vancouver WA 98661 | |
| Updated | September 19th, 2021 |
| Type | Multi-family |
| Price | $2,450,000 |
| Building | 11,550 Sq. Ft. |
| Land | 0.46 acres |
Property Description
* 12 unit complex near Vancouver Downtown, Clark College and Officers' Row
* Eleven 2-bed/1-bath & one 1-bed/1-bat units in two buildings
* 11550 SF in 2 two-story buildings
* 0.46 acres (20,038 SF) of land in two tax lots
* On-site Laundry Room
* Maintenance/Storage Room
* Units have been update during every tenant move-in and move-out
* Balcony and patios
Financials
* 2021 Current Current Cap Rate of 4.7%
* 2021 Current annualized rent $154,020
* 2021 Current annualized Net Operating Income (NOI ) $114,929
* 2022 Proforma Cap Rate of 5.5%