Description
Great Return on a value-add property. 12 total units, with a healthy unit mix of 1's 2's and a 3 bedroom units. Current 5.8% Cap Rate with room for value add to turn this investment into a 8% cap rate property. Located right next to the Mount Vernon Highschool and Skagit County Hospital. Property consists of 10 parking spots and common laundry for tenants. Rents and financials are actuals.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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9,245SQFT
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$249$/SQFT
Listing information ©2023 Northwest MLS. Listing courtesy of Kidder Mathews.
Sold by .Description
Great Return on a value-add property. 12 total units, with a healthy unit mix of 1's 2's and a 3 bedroom units. Current 5.8% Cap Rate with room for value add to turn this investment into a 8% cap rate property. Located right next to the Mount Vernon Highschool and Skagit County Hospital. Property consists of 10 parking spots and common laundry for tenants. Rents and financials are actuals.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-25T15:14:50.433. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-03-25T15:14:50.433. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.