Se Connecter/S’inscrire
Votre courriel a été envoyé.
Sydney Court 1016 NE 86th St 20 Unité Immeuble d’appartements 5 115 877 $ CAD (255 794 $ CAD/Unité) Vancouver, WA 98665
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Attractive In-Place Yield: Offered at a 6.53% capitalization rate with stable in-place cash flow and strong current operations.
- Strong Occupancy & Demand: Currently 95% occupied, demonstrating consistent tenant demand.
- Desirable Unit Mix & Amenities: Spacious two- and three-bedroom floor plans averaging 858 square feet per unit, all featuring in-unit W&D
- Rental Upside Potential: Current rents are approximately 7.89% below market.
- Extensive Property Upgrades: 18 of 20 units have been extensively renovated including but not limited to stainless appliances, quartz counters, etc.
Résumé de l'annonce
Northmarq is pleased to present Sydney Court, a 20-unit multifamily investment opportunity located in the highly desirable Hazel Dell neighborhood of Vancouver, Washington. Originally constructed in 1968, the property offers investors a well-maintained apartment community with stable in-place cash flow and attractive value-add potential. The property features a desirable mix of two-bedroom, one-bathroom and three-bedroom, two-bathroom floor plans averaging approximately 858 square feet per unit, with full-size in-unit washers and dryers in every apartment, providing spacious, well-appointed layouts that appeal to a broad tenant base.
Offered at $3,650,000 ($183,000 per unit / $213 per NRSF), the property generates an attractive 6.47% in-place capitalization rate and is currently 95% occupied, demonstrating strong tenant demand and operational stability. Investors have the opportunity to capture additional revenue growth, with current rents approximately 7.89% below market levels. Recent extensive improvements to 18 of the 20 units include, but are not limited to, stainless appliances, quartz counters, new cabinets, flooring, trim, doors and lighting. The unit improvements, along with a new roof in 2022, enhance the property’s appeal while minimizing near-term capital expenditure requirements.
Located within the established Hazel Dell submarket of Vancouver, the property benefits from proximity to a major retail corridor anchored by national retailers including Walmart, Target, and Kohl’s, as well as the Hazel Dell Marketplace shopping center. Residents enjoy convenient access to shopping, dining, employment centers, and regional transportation routes, supporting continued tenant demand and long-term investment stability.
Offered at $3,650,000 ($183,000 per unit / $213 per NRSF), the property generates an attractive 6.47% in-place capitalization rate and is currently 95% occupied, demonstrating strong tenant demand and operational stability. Investors have the opportunity to capture additional revenue growth, with current rents approximately 7.89% below market levels. Recent extensive improvements to 18 of the 20 units include, but are not limited to, stainless appliances, quartz counters, new cabinets, flooring, trim, doors and lighting. The unit improvements, along with a new roof in 2022, enhance the property’s appeal while minimizing near-term capital expenditure requirements.
Located within the established Hazel Dell submarket of Vancouver, the property benefits from proximity to a major retail corridor anchored by national retailers including Walmart, Target, and Kohl’s, as well as the Hazel Dell Marketplace shopping center. Residents enjoy convenient access to shopping, dining, employment centers, and regional transportation routes, supporting continued tenant demand and long-term investment stability.
Faits sur la propriété
| Prix | 5 115 877 $ CAD | Taille du lot | 0,48 AC |
| Prix par unité | 255 794 $ CAD | Taille du bâtiment | 19 798 pi² |
| Type de vente | Investissement | Occupation moyenne | 95% |
| Nombre d’unités | 20 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1968 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,41/1 000 pi² |
| Style d’appartement | De faible hauteur | Zone de développement économique |
Oui
|
| Classe d’immeuble | C | ||
| Zonage | CH, Vancouver | ||
| Prix | 5 115 877 $ CAD |
| Prix par unité | 255 794 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 20 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,48 AC |
| Taille du bâtiment | 19 798 pi² |
| Occupation moyenne | 95% |
| Nombre d’étages | 2 |
| Année de construction | 1968 |
| Ratio de stationnement | 1,41/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | CH, Vancouver |
Commodités
Commodités des unités
- Lave-vaisselle
- Laveuse/Sécheuse
- Chauffage
- Cuisine
- Four
- Fourchette
- Bain/Douche
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 18 | - | 950 |
| 2+1.5 | 2 | - | 1 000 |
1 1
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 097976-011 | Évaluation des bâtiments | 3 650 727 $ CAD |
| Évaluation du terrain | 317 241 $ CAD | Évaluation totale | 3 967 967 $ CAD |
Impôts fonciers
Numéro de lot
097976-011
Évaluation du terrain
317 241 $ CAD
Évaluation des bâtiments
3 650 727 $ CAD
Évaluation totale
3 967 967 $ CAD
1 de 15
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
Sydney Court | 1016 NE 86th St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.