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1933-1935 S Market Blvd 12 Unit Apartment Building $2,511,260 CAD ($209,272 CAD/Unit) 6.67% Cap Rate Chehalis, WA 98532

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INVESTMENT HIGHLIGHTS

  • Fully occupied building with strong history of no vacancy
  • Brand new roof
  • Convenient access to schools, parks, and shopping

EXECUTIVE SUMMARY

Well-maintained 12-unit apartment complex with a stable rental history and strong tenant retention. Each unit offers 2 bedrooms, 1 bathroom, and generous living and dining spaces. Residents enjoy on-site laundry, ample parking, and a convenient location near I-5, shopping, and schools. Significant upside potential exists through rent increases to the current market rate of ~$1,295 and adjustments to the current utility chargebacks. BRAND NEW roof as of June 2025! Parcel 005604053175 included in sale.

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 $2,511,260 CAD
Price Per Unit $209,272 CAD
Sale Type Investment
Cap Rate 6.67%
Gross Rent Multiplier 10.7
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.78 AC
Building Size 8,144 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Opportunity Zone Yes
Zoning CG

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Kitchen
  • Refrigerator
  • Oven
  • Sprinkler System
  • Tub/Shower
  • Carpet
  • Yard

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 12 $1,616 CAD 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005604-053-177
Land Assessment
$407,497 CAD
Improvements Assessment
$962,161 CAD
Total Assessment
$1,369,658 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 37205240

  • Date on Market: 2025-08-09

  • Last Updated:

  • Address: 1933-1935 S Market Blvd, Chehalis, WA 98532

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