Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1149 SW Cascade Ave 10 Unit Apartment Building $2,478,255 CAD ($247,826 CAD/Unit) 5.91% Cap Rate Chehalis, WA 98532

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

10-unit apartment complex with great rental history. Amazing investment without the headache. So much maintenance and updating has been done. Room to raise rents for additional upside potential. New siding, new insulation. All electrical updated: new exterior meters, new interior panels, new grounding rods. New roofs for both buildings. New main sewage and drainage lines. New windows - vinyl & double-paned. Ductless mini-split heat pumps for all units, providing AC/heat. Fresh landscaping. 22 space parking lot. Walking distance to schools, parks, restaurants, grocery and minutes from I-5. Don't miss this opportunity!

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,478,255 CAD
Price Per Unit $247,826 CAD
Sale Type Investment
Cap Rate 5.91%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.35 AC
Building Size 7,552 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 2.91/1,000 SF
Opportunity Zone Yes
Zoning R2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Heating
  • Deck
  • Double Pane Windows
  • Patio

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,627 CAD -
2+1 8 $1,776 CAD 696

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005397-003-000
Land Assessment
$279,752 CAD (2024)
Improvements Assessment
$733,171 CAD (2024)
Total Assessment
$1,012,923 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38013847

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 1149 SW Cascade Ave, Chehalis, WA 98532

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}