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Lone Oak Estates 2924 NW 16th St 10 Unit Apartment Building $5,128,875 CAD ($512,887 CAD/Unit) 5.30% Cap Rate Battle Ground, WA 98604



Executive Summary
- Five duplexes in the Lone Oak Estates subdivision in Battle Ground, WA.
- Five separate tax lots provide flexible exit strategies, including individual home sales or bulk disposition.
- Tile baths, laminate plant flooring, quartz countertops, and stainless-steel appliances throughout. High-end finishes that many builders treat as premium upgrades are included as standard features.
- Modern open floor plans designed for today’s renters and homeowners.
- Strong demand in the subdivision with inventory selling quickly, supporting both for rent and for sale strategies.
- Attractive low maintenance offering for investors seeking newer product in a growing Clark County submarket.
- Five separate tax lots provide flexible exit strategies, including individual home sales or bulk disposition.
- Tile baths, laminate plant flooring, quartz countertops, and stainless-steel appliances throughout. High-end finishes that many builders treat as premium upgrades are included as standard features.
- Modern open floor plans designed for today’s renters and homeowners.
- Strong demand in the subdivision with inventory selling quickly, supporting both for rent and for sale strategies.
- Attractive low maintenance offering for investors seeking newer product in a growing Clark County submarket.
Property Facts
| Price | $5,128,875 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $512,887 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.30% | Building Size | 14,165 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.14/1,000 SF |
| Zoning | R7 | ||
| Price | $5,128,875 CAD |
| Price Per Unit | $512,887 CAD |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 14,165 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Parking Ratio | 0.14/1,000 SF |
| Zoning | R7 |
Amenities
Unit Amenities
- Dishwasher
- Heating
- Refrigerator
- Oven
- Dining Room
- Pantry
- Quartz Countertops
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 833 |
| 4+2.5 | 5 | - | 2,000 |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,506,400 CAD | |
| Land Assessment | $830,878 CAD | Total Assessment | $4,337,278 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$830,878 CAD
Improvements Assessment
$3,506,400 CAD
Total Assessment
$4,337,278 CAD
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Lone Oak Estates | 2924 NW 16th St
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