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2510 E 8TH St 6 Unit Apartment Building $1,350,000 ($225,000/Unit) 6.36% Cap Rate Vancouver, WA 98661
EXECUTIVE SUMMARY
Incredible 6-plex, townhome style investment opportunity in a perfect location, few blocks from Fort Vancouver/Officers Row, convenient to Clark College, PDX, Busline, all 2 bedroom 1.5 bath, one 6-plex building and one building with garages. All units with separate utilities, Many recent upgrades include roofs, siding, doors, flooring, HVAC, hot water heaters. Please call Listing agent for property reports, property information and set up for viewing.
PROPERTY FACTS
| Price | $1,350,000 | Building Class | C |
| Price Per Unit | $225,000 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 7,680 SF |
| Cap Rate | 6.36% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.3 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1973 |
| Property Type | Multifamily | Parking Ratio | 0.78/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-18 | ||
| Price | $1,350,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| Gross Rent Multiplier | 12.3 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 7,680 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 0.78/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-18 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 6 | - | - |
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 031089-000 | Improvements Assessment | $852,900 |
| Land Assessment | $192,500 | Total Assessment | $1,045,400 |
PROPERTY TAXES
Parcel Number
031089-000
Land Assessment
$192,500
Improvements Assessment
$852,900
Total Assessment
$1,045,400
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2510 E 8TH St
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