632 NE Birch St | Camas, WA 98607
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632 NE Birch St
Camas, WA 98607
Clara Flats · Multifamily Property For Sale
·
32 Units
Investment Highlights
- TURN-KEY new construction opportunity; 30 units plus 2 retail spaces
- PROPERTY TAX EXEMPTION for 12 years on all real property improvements
- RENTS increasing rapidly upon turnover
- HIGH BARRIER to entry submarket with very little new multifamily
- LOCATED in one of the fasts growing cities in SW Washington with top rent growth
- LESS THAN a 15 minutes to the Vancouver CBD, waterfront, restaurants, and retailers; 30 minutes to Downtown Portland
Property Facts
| No. Units | 32 | Building Size | 28,976 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | B | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.47 AC | ||
| Zoning | CA | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.47 AC |
| Building Size | 28,976 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | CA |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $1,477 | - |
| 2+1 | 18 | $1,711 | - |
| 2+2 | 1 | $2,000 | - |
| 3+2 | 2 | $2,500 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $967,421 | |
| Land Assessment | $561,836 | Total Assessment | $1,529,257 |
Property Taxes
Parcel Numbers
Land Assessment
$561,836
Improvements Assessment
$967,421
Total Assessment
$1,529,257
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