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Ready-to-Renovate Income Property 900 E Methow Valley Hwy 5 Unit Apartment Building $1,326,124 CAD ($265,225 CAD/Unit) Twisp, WA 98856
INVESTMENT HIGHLIGHTS
- Beautiful Views
- Unique Units
- Big Windows
EXECUTIVE SUMMARY
Existing building, ready to convert to five residential apartment units. Project has conditional approval from town of Twisp. Only a few hours from Seattle, Twisp has easy access to the Okanogan-Wenatchee National Forest, the wine regions of Chelan and Okanogan, and seasonal hiking and skiing.
FINANCIAL SUMMARY (PRO FORMA - 2026) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$147,409
|
$25.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$11,793
|
$2.01
|
| Effective Gross Income |
$135,616
|
$23.10
|
| Taxes |
$7,817
|
$1.33
|
| Operating Expenses |
$31,174
|
$5.31
|
| Total Expenses |
$38,991
|
$6.64
|
| Net Operating Income |
$96,626
|
$16.46
|
FINANCIAL SUMMARY (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $147,409 |
| Annual Per SF | $25.11 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $11,793 |
| Annual Per SF | $2.01 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $135,616 |
| Annual Per SF | $23.10 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,817 |
| Annual Per SF | $1.33 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $31,174 |
| Annual Per SF | $5.31 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $38,991 |
| Annual Per SF | $6.64 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $96,626 |
| Annual Per SF | $16.46 |
PROPERTY FACTS
| Price | $1,326,124 CAD | Building Class | B |
| Price Per Unit | $265,225 CAD | Lot Size | 0.39 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 5 | Building Size | 5,871 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Low-Rise | Parking Ratio | 1.7/1,000 SF |
| Zoning | C-R - Twisp's Commercial Riverfront (C-R) district allows both multi-family developments and tourist accommodations, including overnight rentals. | ||
| Price | $1,326,124 CAD |
| Price Per Unit | $265,225 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Construction Status | Proposed |
| Building Size | 5,871 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | C-R - Twisp's Commercial Riverfront (C-R) district allows both multi-family developments and tourist accommodations, including overnight rentals. |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | - | 1,478 |
| 1+2 | 3 | - | 865 - 1,498 |
| Studios | 1 | - | 705 |
PROPERTY TAXES
| Parcel Number | 8800600200 | Total Assessment | $722,676 CAD (2025) |
| Land Assessment | $122,538 CAD (2025) | Annual Taxes | $7,817 CAD ($1.33 CAD/SF) |
| Improvements Assessment | $600,139 CAD (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
8800600200
Land Assessment
$122,538 CAD (2025)
Improvements Assessment
$600,139 CAD (2025)
Total Assessment
$722,676 CAD (2025)
Annual Taxes
$7,817 CAD ($1.33 CAD/SF)
Tax Year
2026
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
North Star Land Research & Development
Ready-to-Renovate Income Property | 900 E Methow Valley Hwy
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