114 W Cedar St | Shelton, WA 98584
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
114 W Cedar St
Shelton, WA 98584
Gateway Apartments · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- 8.02% cap rate and 10.61% Cash-on-Cash return with additional value-add opportunity
- Opportunity to Upgrade Select Interior Finishes For 14%+ Premium Over in Place Rents
- $435,000 spent renovating Plumbing, Electrical, Roof, Siding, Windows and Interiors
PROPERTY FACTS
| No. Units | 11 | Building Size | 6,098 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2019 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | 13-Residential Multiunits | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 6,098 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2019 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | 13-Residential Multiunits |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
- Kitchen
- Granite Countertops
- Oven
- Tub/Shower
- Carpet
- Double Pane Windows
- Freezer
- Lawn
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $1,033 | 359 |
| 1+1 | 6 | $1,152 | 546 |
| 2+1 | 1 | $1,300 | 775 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $632,670 | |
| Land Assessment | $93,530 | Total Assessment | $726,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$93,530
Improvements Assessment
$632,670
Total Assessment
$726,200
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
