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Taghus 4724 31st Ave S 9 Unit Apartment Building $2,724,400 CAD ($302,711 CAD/Unit) 5% Cap Rate Seattle, WA 98108
Investment Highlights
- Direct Access to Columbia City Light Rail Station: Offers convenient access to Seattle, UW, and SeaTac International Airport.
- Strong Tenant Base: Average household income in Columbia City is $136,649/year per year.
- Rare Unit Amenities: Units feature patios, air-conditioning, dishwashers, in-unit laundry, storage options, and full-size appliances.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $2,724,400 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $302,711 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 5% | Building Size | 3,221 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | ||
| Zoning | LR3 (M1) | ||
| Price | $2,724,400 CAD |
| Price Per Unit | $302,711 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 3,221 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Zoning | LR3 (M1) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,978 CAD | 291 |
| 1+1 | 3 | $2,654 CAD | 492 |
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 541410-0121 | Improvements Assessment | $1,626,224 CAD |
| Land Assessment | $568,329 CAD | Total Assessment | $2,194,553 CAD |
Property Taxes
Parcel Number
541410-0121
Land Assessment
$568,329 CAD
Improvements Assessment
$1,626,224 CAD
Total Assessment
$2,194,553 CAD
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Taghus | 4724 31st Ave S
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