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Lone Oak Estates 2932 NW 16th St 6 Unit Apartment Building $2,250,000 ($375,000/Unit) 5.11% Cap Rate Battle Ground, WA 98604
Executive Summary
» Three duplexes in the Lone Oak Estates
subdivision in Battle Ground, WA
» Three separate tax lots provide flexible
exit strategies, including individual home
sales or bulk disposition
» Modern open floor plans designed for
today’s renters and homeowners
» Strong demand in the subdivision with
inventory selling quickly, supporting both
for rent and for sale strategies
» Attractive low maintenance offering for
investors seeking newer product in a
growing Clark County submarket
» Tile baths, laminate plant flooring,
quartz countertops, and stainless steel
appliances throughout. High-end
finishes that many builders treat as
premium upgrades are included as
standard features
subdivision in Battle Ground, WA
» Three separate tax lots provide flexible
exit strategies, including individual home
sales or bulk disposition
» Modern open floor plans designed for
today’s renters and homeowners
» Strong demand in the subdivision with
inventory selling quickly, supporting both
for rent and for sale strategies
» Attractive low maintenance offering for
investors seeking newer product in a
growing Clark County submarket
» Tile baths, laminate plant flooring,
quartz countertops, and stainless steel
appliances throughout. High-end
finishes that many builders treat as
premium upgrades are included as
standard features
Property Facts
| Price | $2,250,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $375,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 5.11% | Building Size | 10,389 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.35/1,000 SF |
| Zoning | R7 | ||
| Price | $2,250,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 10,389 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Parking Ratio | 0.35/1,000 SF |
| Zoning | R7 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Yard
- Breakfast Nook
- Handrails
- Island Kitchen
- Pantry
- Quartz Countertops
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 833 |
| 4+2.5 | 3 | - | 2,000 |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 986058-214 | Improvements Assessment | $512,744 |
| Land Assessment | $121,500 | Total Assessment | $634,244 |
Property Taxes
Parcel Number
986058-214
Land Assessment
$121,500
Improvements Assessment
$512,744
Total Assessment
$634,244
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Contact the Sale Advisor
Lone Oak Estates | 2932 NW 16th St