Steilacoom Apartments 1603 Washington St 7 Unit Apartment Building $1,600,000 ($228,571/Unit) 6% Cap Rate Steilacoom, WA 98388
PROPERTY FACTS
| Price | $1,600,000 |
| Price Per Unit | $228,571 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 5,568 SF |
| No. Stories | 2 |
| Year Built | 1947 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | R-7.2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 646 |
| 2+1 | 2 | - | 800 |
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PROPERTY TAXES
| Parcel Number | 665520-0070 | Improvements Assessment | $383,400 |
| Land Assessment | $536,500 | Total Assessment | $919,900 |
