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1860-1862 Trigg 8 Unit Apartment Building $2,595,000 ($324,375/Unit) 6.23% Cap Rate Ferndale, WA 98248
EXECUTIVE SUMMARY
PRIME NEW CONSTRUCTION Property in Ferndale, WA. This asset consists of eight 3 Bedroom, 2.5 Bathroom townhomes on a large lot. All of the units are 1600 Sq. Ft. each and the property is a 6.25% cap rate day one! Each unit has a private patio, modern finishes, and there is room to increase rental income immediately. Email or Text Jason Lee for any questions that you may have.
PROPERTY FACTS
| Price | $2,595,000 | Property Subtype | Apartment |
| Price Per Unit | $324,375 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.23% | Lot Size | 0.18 AC |
| Sale Condition | 1031 Exchange | Building Size | 12,800 SF |
| Gross Rent Multiplier | 10 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2019 |
| Zoning | RO | ||
| Price | $2,595,000 |
| Price Per Unit | $324,375 |
| Sale Type | Investment |
| Cap Rate | 6.23% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 12,800 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Zoning | RO |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
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1860-1862 Trigg
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