1719-1725 Washington St | Sumner, WA 98390
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- LoopNet Team
1719-1725 Washington St
Sumner, WA 98390
Sumner Fourplexes · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Pride of Ownership Asset with Significant Upside
- Two Adjacent 4Plexes on Separate Parcels
- Pro Forma Cap Rate Above 9%
- Physical & Operational Upside to Increase GPI by 38%
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,606 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/1990 |
| Building Class | C | Parking Ratio | 2.24/1,000 SF |
| Lot Size | 0.52 AC | ||
| Zoning | MDR - Medium Density Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 7,606 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1968/1990 |
| Parking Ratio | 2.24/1,000 SF |
| Zoning | MDR - Medium Density Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,575 | 950 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $805,700 | |
| Land Assessment | $635,900 | Total Assessment | $1,441,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$635,900
Improvements Assessment
$805,700
Total Assessment
$1,441,600
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