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Listed by Simple Realty Northwest
$ 1,919,600
Est. payment | /mo
5,564 SqFt
$ 1,919,600
Est. payment | /mo
5,564 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,564 sqft
Price per Sqft $345
Subdivision Walnut Grove
MLS Listing ID 24078825
Year Built 2024
Annual Tax Amount $1,258
Tax Year 2024
Lot Size 10,890 Sqft
Property Description
Exceptional 4-Unit Investment Portfolio in Vancouver, WA - Ideal for 1031 Exchange. Seize this unique investment opportunity with 4 detached homes, each on their own tax lot, perfect for 1031 exchanges or investment, featuring modern, upscale amenities built by TimberCrest Homes. Each newly built 1,391 sf home includes 3 bedrooms and 2.5 bathrooms, offering high-quality construction and a prime location adjacent to a 3.7 acre family-friendly park and near I-5 and I-205.This location has strong rental demand with below-average vacancy rates. Estimated annual rents exceed $121,000 and NOI figures north of $99k. Comprehensive prospectus and proforma available upon request. There are many ways to make this purchase a success; please reach out with any questions.
Location
State WA
County Clark
Area _21
Zoning R16
Rooms
Basement Crawl Space
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
Garage Spaces 4.0
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Walnut Grove
Middle Schools Gaiser
High Schools Fort Vancouver
Others
Acceptable Financing CallListingAgent, Cash, Conventional, Other
Listing Terms CallListingAgent, Cash, Conventional, Other
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Justin Burton
Lic# 201217253