263 20TH AVE, Longview, WA 98632
Other
INR ₹88,489,384
USD $1,050,000
Published on: 17 Oct 2024
Last updated on: 09 Nov 2024
Property ID: 110095214290
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MultiFamily - Longview, WA
263 20TH AVE, Longview, WA 98632
Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor’s dream. Built in 2023 these 4 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder’s warranty in 2024. Fire sprinklers! Offers a remarkable 6.0% Cap Rate on Year 1 stabilized, 11.67 GRM. 100% occupancy w/ tenant wait list. Mostly market rate tenants but also Section 8 approved, for consistent income. Option for 1-3 more fourplex under devt, if larger portfolio is desired. Offering is for portfolio of 4 fourplexes but open to offers for individual 4plex(es). Addresses: 285 22nd Ave, 263 20th Ave, 259 20th Ave, 257 20th Ave. All separate parcels.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Building Size
4,600.00 sq ft
Year Built
2023
Architecture Style
Other
Franchise
Keller Williams Realty
County
Cowlitz
Parcel ID
04204
Provider
Keller Williams Premier Partners
Brokerage Office Name
Keller Williams Premier Partners
Brokerage Office Phone
(360) 693-3336
Address
263 20TH AVE, Longview, WA 98632
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Kessler | Not available |
| High | RA Long | Not available |
| Juniorhigh | Monticello | Not available |
| Middle | Monticello | Not available |
Contact Agent
April Treacy
Contact Agent
Contact Agent
Email enquiry to Keller Williams Realty
April Treacy
2211 E Mill Plain Blvd, Vancouver, WA 98661
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Property ID: 110095214290
Data provided by Keller Williams Premier Partners, MLS #: 24585293
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