17503 96th Pl SW | Vashon, WA 98070
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17503 96th Pl SW
Vashon, WA 98070
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Building Size | 3,984 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 0.35 AC | ||
| Zoning | LR3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 3,984 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1961 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | LR3 |
ABOUT 17503 96TH PL SW , VASHON, WA 98070
Fantastic opportunity to own a charming 5-unit located a minute's walk from downtown Vashon. This value-add property has great upside; Renovations will allow the new owner to attain market rents of $1300. At $1300/unit, the building will cashflow around $49,000/yr (NOI) and achieve a 6.2% cap rate. Call to schedule your tour of this serene property located in a quiet yet growing community with easy access to both Tacoma and Seattle.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $850.00 | 720 |
PROPERTY TAXES
| Parcel Number | 085550-0110 | Improvements Assessment | $770,000 |
| Land Assessment | $127,000 | Total Assessment | $897,000 |
PROPERTY TAXES
Parcel Number
085550-0110
Land Assessment
$127,000
Improvements Assessment
$770,000
Total Assessment
$897,000
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