Log In/Sign Up
Your email has been sent.
1339 10th Ave, Longview 1339 10th Ave 6 Unit Apartment Building $1,046,260 CAD ($174,377 CAD/Unit) 6.74% Cap Rate Longview, WA 98632
EXECUTIVE SUMMARY
Looking for an updated 6 plex to add to your portfolio? This cash producing 6 plex has been mostly updated with newer roof, floors, cabinets, paints, fixtures and more! Located in the heart of longview close to many amenities. Has good tenant history. Alley access, covered parking, and coin-op laundry are added benefits to this property. Fully occupied so please do NOT disturb tenants. Units can be viewed after a signed around contract. Coin op laundry provides additional $50ish dollars a month income
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$85,841
|
$11.01
|
| Other Income |
$105
|
$0.01
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$85,946
|
$11.02
|
| Taxes |
$6,662
|
$0.85
|
| Operating Expenses |
$9,306
|
$1.19
|
| Total Expenses |
$15,968
|
$2.05
|
| Net Operating Income |
$69,978
|
$8.97
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $85,841 |
| Annual Per SF | $11.01 |
| Other Income (CAD) | |
|---|---|
| Annual | $105 |
| Annual Per SF | $0.01 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $85,946 |
| Annual Per SF | $11.02 |
| Taxes (CAD) | |
|---|---|
| Annual | $6,662 |
| Annual Per SF | $0.85 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,306 |
| Annual Per SF | $1.19 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,968 |
| Annual Per SF | $2.05 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $69,978 |
| Annual Per SF | $8.97 |
PROPERTY FACTS
| Price | $1,046,260 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $174,377 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.74% | Building Size | 7,799 SF |
| Gross Rent Multiplier | 13.4 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.01/1,000 SF |
| Zoning | R04 | ||
| Price | $1,046,260 CAD |
| Price Per Unit | $174,377 CAD |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| Gross Rent Multiplier | 13.4 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,799 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | R04 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,046 CAD | 582 |
| 2+1 | 4 | $1,325 CAD | 702 |
1 1
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 0-1003 | Total Assessment | $777,403 CAD |
| Land Assessment | $115,828 CAD | Annual Taxes | $6,662 CAD ($0.85 CAD/SF) |
| Improvements Assessment | $661,575 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0-1003
Land Assessment
$115,828 CAD
Improvements Assessment
$661,575 CAD
Total Assessment
$777,403 CAD
Annual Taxes
$6,662 CAD ($0.85 CAD/SF)
Tax Year
2024
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1339 10th Ave, Longview | 1339 10th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.