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Woodhaven Apartments 23110 30th Ave S 6 Unit Apartment Building $2,480,742 CAD ($413,457 CAD/Unit) 6.36% Cap Rate Des Moines, WA 98198
Executive Summary
Woodhaven Apartments, a 6-unit multifamily asset located in Des Moines, WA, offers investors an attractive, low risk, turn key multifamily investment with modern finishes, stable occupancy, and strong transit oriented upside. Fully renovated in 2024/2025, all six 3 bedroom/1.5 bathroom units (1.135 SF each) feature contemporary upgrades, including vinyl plank floors, new cabinets, counters, appliances, and lighting. In addition, each has in-unit laundry and off-street parking.
Property Facts
| Price | $2,480,742 CAD | Building Class | C |
| Price Per Unit | $413,457 CAD | Lot Size | 0.41 AC |
| Sale Type | Investment | Building Size | 7,074 SF |
| Cap Rate | 6.36% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment | Parking Ratio | 3.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | PR-R | ||
| Price | $2,480,742 CAD |
| Price Per Unit | $413,457 CAD |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 7,074 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1988 |
| Parking Ratio | 3.25/1,000 SF |
| Zoning | PR-R |
Amenities
Unit Amenities
- Washer/Dryer
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 6 | - | 1,135 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 250060-0356 | Improvements Assessment | $1,440,418 CAD |
| Land Assessment | $688,562 CAD | Total Assessment | $2,128,980 CAD |
Property Taxes
Parcel Number
250060-0356
Land Assessment
$688,562 CAD
Improvements Assessment
$1,440,418 CAD
Total Assessment
$2,128,980 CAD
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Woodhaven Apartments | 23110 30th Ave S
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