This property is Off-Market

825 32nd Street
Longview, WA 98632 ·

127 Units · Multifamily For Sale

N/A

Print

Bridgegate Apartments

Price N/A Cap Rate 9.50%
No. Units 127 Gross Rent Multiplier 6
Building Size 100,749 SF Occupancy 97%
Property Type Multifamily Year Built 1974
Property Sub-type Garden/Low-Rise Lot Size 6.95 AC
Property Use Type Investment
Listing ID: 13313756 Date Created: 10/31/2001 Last Updated: 12/11/2002

Description

Attractive 1 & 2 story complex. Low density at 18 units per acre. Lots of parking, 1.9 spaces per unit. Patios and fenced yards, pool, basketball hoop, covered play area. 3-tab pitched roof, 7 buildings, 80 storage units, 16 washers & 16 dryers in laundry rooms.

Best location in Longview, only minutes from downtown. Public tansportation in front of building. 35+/- minutes north of Portland.

Highlights

  • Large 2 bedroom units
  • Great location
  • Below market rents
  • 1.9: 1 parking ratio
  • 12.76% cash on cash return
  • 75% assumable financing

Research

825 32nd Street, Longview, WA 98632 (Cowlitz County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Longview Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 3835 Mint Place
    3835 Mint Place

    Longview, WA 98632

    For Sale · $5,950,000

    93,654 SF Building

    Garden/Low-Rise

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)