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701 L St
Hoquiam, WA 98550
Harbor House Condominium · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Convenient access to US-12
- Located within reach of schools, retail amenities, and essential services
Executive Summary
Harbor House Condos is a well-maintained 12-unit garden-style community built in 1981 in Hoquiam. Offering two-bed, one-bed and studio unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $111,000 in recent capital improvements.
Property Facts
| Price Per Unit | $126,862 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 6.76% | Building Size | 9,200 SF |
| Gross Rent Multiplier | 8.02 | No. Stories | 2 |
| No. Units | 12 | Year Built | 1981 |
| Property Type | Multifamily | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | C2 | ||
| Price Per Unit | $126,862 CAD |
| Sale Type | Investment |
| Cap Rate | 6.76% |
| Gross Rent Multiplier | 8.02 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 9,200 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.83/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,269 CAD | 511 - 970 |
| Studios | 1 | $1,147 CAD | 411 |
| 2+1.5 | 4 | $1,512 CAD | 970 - 1,001 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $678,479 CAD | |
| Land Assessment | $83,748 CAD | Total Assessment | $762,227 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$83,748 CAD
Improvements Assessment
$678,479 CAD
Total Assessment
$762,227 CAD
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