$1,975,000
Sold

890 Dougherty Drive NE

Castle Rock, WA 98611
16749 sqft | 1.21 acres | #1845991
Listing OfficeThe Foundation Group LLC
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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
Lake & Company Real Estate

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