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The Trident 918 V St 5 Unit Apartment Building $1,125,000 ($225,000/Unit) 5.46% Cap Rate Vancouver, WA 98661
INVESTMENT HIGHLIGHTS
- Quality built as condominiums
- Great location
- Well maintained by long term owner
EXECUTIVE SUMMARY
Pride of ownership townhomes located on bus line and close to downtown Vancouver/Waterfront/National Historic Park.
Titled as individual condominiums! Long term owner ready to retire.
Potential for seller terms! 5% interest only terms for qualified buyer.
Titled as individual condominiums! Long term owner ready to retire.
Potential for seller terms! 5% interest only terms for qualified buyer.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$90,240
|
$13.83
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,800
|
$0.58
|
| Effective Gross Income |
$86,440
|
$13.25
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$25,200
|
$3.86
|
| Net Operating Income |
$61,240
|
$9.39
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $90,240 |
| Annual Per SF | $13.83 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $3,800 |
| Annual Per SF | $0.58 |
| Effective Gross Income | |
|---|---|
| Annual | $86,440 |
| Annual Per SF | $13.25 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $25,200 |
| Annual Per SF | $3.86 |
| Net Operating Income | |
|---|---|
| Annual | $61,240 |
| Annual Per SF | $9.39 |
PROPERTY FACTS
| Price | $1,125,000 | Building Class | C |
| Price Per Unit | $225,000 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 6,524 SF |
| Cap Rate | 5.46% | No. Stories | 2 |
| Sale Condition | Bulk/Portfolio Sale | Year Built/Renovated | 1968/2025 |
| No. Units | 5 | Parking Ratio | 1.23/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | R-18 - High Density Residential | ||
| Price | $1,125,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 5.46% |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 6,524 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2025 |
| Parking Ratio | 1.23/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-18 - High Density Residential |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Storage Space
- Kitchen
- Range
- Carpet
- Smoke Free
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- Laundry Facilities
- Smoke Free
- Public Transportation
1 1
Bike Score®
Very Bikeable (83)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Trident | 918 V St
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