
Seller's Agent in 2012
Kim Skaar
Coldwell Banker Lake Chelan Properties
(509) 682-8700
78 Total Sales
6 unit apartment complex on a nice quiet street called Plum Street just off South Miller Street. The street has mature landscaping and is in a great neighborhood close to Wenatchee Valley College, Wenatchee Avenue and the Hospital. The building has 1 two bedroom unit and 5 one bedroom units. Tenants have been very stable and gross rent is $3100.00 monthly. Maintenance has been attended to and the appliances are in good shape. $37,200.00 annually in gross rent receipts will give you an almost 12% gross cap rate on your investment. There is onsite parking and off site street parking plus a two car garage that is being rented for storage. The landscaping is fully irrigated and the grounds are well maintained. There is a shared laundry facility in the basement and in the front of the building there are two large covered decks and porches for the tenants to enjoy being outside. Consider this apartment building in your real estate portfolio as it has location and a good rental history.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 998162
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Listing and Financial Details
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/27/2012 06/27/12 | Sold | $263,750 | -18.8% | -- |
05/30/2012 05/30/12 | Pending | -- | -- | -- |
07/28/2011 07/28/11 | For Sale | $324,900 | -- | -- |
Seller's Agent in 2012
Kim Skaar
Coldwell Banker Lake Chelan Properties
(509) 682-8700
78 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 998162
APN: 55233