1113 N 2nd Avenue

Multi-Family
Pending

1113 N 2nd Ave, KelsoWA 98626

Property Details

Location

Address
1113 N 2nd Ave, KelsoWA 98626
County
Cowlitz
Submarket
CBA Cowlitz County
Parcels
20524

Building Size

Building Size
7,500 SF
Rentable Space
7,500 SF

Building Details

Type
 Multi-Family  
 Pending
Number of Buildings
1
Number of Units
5
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
1976
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.17 Acres
Land (SF)
7,492 SF
Zoning
R03
Lot Depth
Lot Width

Contacts

Current Listings

1113 N 2nd Avenue

7,500 SF$550,000
Cap Rate: 5.8%

Cash-flowing property with upside located in an up and coming neighborhood is now available. This 5-plex features 2 bed/1 bath units that are approx. 750 SF each, vinyl windows, a newer roof, exterior storage for tenants, carport parking and off-street parking, and much much more. This property is being offered at a 5.8% CAP rate based on actuals and a 7.8% proforma CAP rate. This multiplex would make a great addition to your portfolio. Call today for additional information.

Cash-flowing property with upside located in an up and coming neighborhood is now available. This 5-plex features 2 bed/1 bath units that are approx. 750 SF each, vinyl windows, a newer roof, exterior storage for tenants, carport parking and off-street parking, and much much more. This property is being offered at a 5.8% CAP rate based on actuals and a 7.8% proforma CAP rate. This multiplex would make a great addition to your portfolio. Call today for additional information.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

BROKER

Source: Chris Roewe

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