1620 11th Ave, Longview, WA, 98632 - Available for Sale

Multifamily For Sale

This listing is currently for sale. To see other active properties for sale, begin a new search.

Browse More Listings in Multifamily For Sale, Longview, WA or Washington

Triangle Garden Apartments

1620 11th Ave, Longview, WA 98632

$1,100,000

24 Units | Multifamily

  • Share
  • Print

Multifamily Property For Sale Get Financing

Price:
$1,100,000
No. Units:
24
Building Size:
16,756 SF
Price/Unit:
$45,833.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
7.74%
Occupancy:
100%
No. Stories:
2
Year Built:
1963
Listing ID
18457693
Last Updated
75 days ago

Find Out More...

Description

Triangle Garden Apartments offers an opportunity to acquire a turnkey source of income in Cowlitz County's largest city. The property has newer vinyl windows, all new roofs in 2008, and new HardiPlank and exterior paint in 2013. Many rents are well below market and can easily be increased on turnover or lease expiration with no necessary upgrades. Contact agent for financials.

The property is within walking distance to Triangle Shopping Center, Lower Columbia College, and many shopping and dining options.

Financial Summary

  • Actual
  • $85,204

Map of 1620 11th Ave, Longview, WA 98632 (Cowlitz County)

Research for 1620 11th Ave, Longview, WA 98632 (Cowlitz County)

  • Demographics – Population, income & other demographics near 1620 11th Ave
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

Presented by Marcus & Millichap
Request Additional Information
--ext
Contact Listing Broker

By clicking "Contact Listing Broker", you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

New to LoopNet? No problem. As a courtesy, LoopNet will automatically create a free account so that you can access more listing details, setup new listing alerts, and more.

We will not share your email address. View our Privacy Policy.

Asking Price Index Trends for Longview, WA Multifamily For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$77,063-6.4%-6.4%

View Longview Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 11/22/2013
Triangle Garden Apartments
  • Multifamily
  • $1,100,000
  • 24 Units
  • 16,756 SF