890 Dougherty Drive NE
Castle Rock, WA 98611
16749 sqft | 1.21 acres | #1845991
Description
6.05% CAP -East Village Apts!! This 19 unit building is made up of one 1Bed/1Ba, one Studio and 17 townhouse style 2Bed/1.5Ba units. Once this building has stabilized rents of $1,000 for the 2bed units, the income will push this asset to a 7.95% Cap Rate. Please see attached offering memorandum for more information
Interior Details
- InteriorWall to Wall Carpet, Laminate
Property Details
- Lot DescriptionPaved, Sidewalk
- Exterior MaterialsWood Products
- Stories2
Measurements
- Square Feet16749
- Acres1.21
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1976
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Utility FeaturesSewer Connected, Electric
- Sewer InformationSewer Connected
Community and Neighborhood Details
- SubdivisionCastle Rock
Location
- School DistrictCastle Rock
- CountyCowlitz
Financial Details
- Original List Price$1,625,000
- Taxes Annual$13,289
- Days on Market (Cumulative)10
Other
- MLS #1845991
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2021-12-08 00:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing Courtesy
Listing Agent: Erich Bubbel (#NWM107969)
Listing Office: The Foundation Group LLC (#NWM7988)
Listing Courtesy (Buyer)
Buyer's Agent: Steve Fischer (#NWM54887)
Buyer's Office: Westlake Associates, Inc. (#NWM7019)