1825 E Division St
Mount Vernon, WA 98274
Samish Bay Flats · Multifamily Property For Sale
·
48 Units
PROPERTY FACTS
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.27 AC |
| Building Size | 50,801 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1991 |
ABOUT 1825 E DIVISION ST , MOUNT VERNON, WA 98274
Great investment opportunity in Mt Vernon! Mount Baker Terrace Apartments is a 48 unit complex on approximately 2.27 acres of land. This property has a strong rental history and low vacancy rates. Unit mix consists of 1 - 2 beds/1 bath, 37 - 2 beds/2 baths, 1 - 3 beds/1 bath, and 9 - 3 beds/2 baths. This opportunity will not last!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | 916 |
| 2+2 | 37 | - | 916 |
| 3+1 | 1 | - | 1,127 |
| 3+2 | 9 | - | 1,127 |
PROPERTY TAXES
| Parcel Number | P26915 | Improvements Assessment | $5,917,900 |
| Land Assessment | $1,696,300 | Total Assessment | $7,614,200 |
