2315 E 13th St., Vancouver, WA

Multi-family for Sale - $2,450,000 - 11,550 Sq. Ft. on 0.46 acres


Agent Info

Izad Khormaee
Clark County Realty Group

Property Info

CIMLS#102951
Location
  2315 E 13th St.
  Vancouver WA 98661
UpdatedSeptember 19th, 2021
TypeMulti-family
Price$2,450,000
Building11,550 Sq. Ft.
Land0.46 acres

Attached Documents


Contact


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%