263 20TH AVE, Longview, WA 98632

Other
INR ₹88,448,573
USD $1,050,000
Published on: 17 Oct 2024
Last updated on: 01 Nov 2024
263 20TH AVE, Longview, WA 98632
263 20TH AVE, Longview, WA 98632
263 20TH AVE, Longview, WA 98632
+15
263 20TH AVE, Longview, WA 98632
  • 15
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

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

TypeSchool nameDistrict name
ElementaryKesslerNot available
HighRA LongNot available
JuniorhighMonticelloNot available
MiddleMonticelloNot available
Contact Agent
April Treacy
2211 E Mill Plain Blvd, Vancouver, WA 98661
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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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