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Property Facts

Price $4,045,790 CAD
Price Per Unit $155,607 CAD
Sale Type Investment
Cap Rate 6.76%
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.68 AC
Building Size 26,000 SF
Average Occupancy 96%
No. Stories 2
Year Built 1968
Parking Ratio 1.31/1,000 SF
Opportunity Zone Yes
Zoning B1 Retail Commercial

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Fireplace
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Dock
  • Patio

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Waterfront
  • Dock

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 14 - 450
1+1 11 - 750
2+1 1 - 800
Not walkable
10/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
092900060203
Land Assessment
$311,942 CAD
Improvements Assessment
$2,155,462 CAD
Total Assessment
$2,467,405 CAD
  • Listing ID: 41549830

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 1031 Discovery Ave SE, Ocean Shores, WA 98569

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