This Multifamily Property is no longer advertised on LoopNet.com.

300 N Ford Ave
Connell, WA 99326
Hillcrest Apartments · Multifamily Property For Sale · 50 Units

Investment Highlights

  • HAP contract on 45 of 50 units
  • Attractive sale price per unit of $54,000
  • Opportunity to stabilize occupancy based on current vacancy trends
  • Buyer may place new financing on the asset

Property Facts

No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.15 AC
Building Size 49,368 SF
No. Stories 2
Year Built 1973
Parking Ratio 1.52/1,000 SF
Zoning RH - Residential High Density

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Clubhouse
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Basketball Court

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 32 $673.50 840
3+2 18 $852.00 1,056

Property Taxes

Property Taxes

Parcel Number
106-680-013
Land Assessment
$100
Improvements Assessment
$29,000
Total Assessment
$29,100
  • Listing ID: 18678569

  • Date on Market: 2/28/2020

  • Last Updated:

  • Address: 300 N Ford Ave, Connell, WA 99326

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