68 W Hwy 28

    Soap Lake, WA 98851
    • $699,000
    • STATUS: Active
    • ON SITE: 2180 days
    • ID#: 364475
    UPDATED: 227 min ago
    $699,000
    • 0
      BEDS
    • 0.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere R.E. K-2 Realty.

    Description

    14 unit apartment complex completely rebuilt in the last 4 years, including new windows, doors, siding, paint and carpets. Mostly new appliances. All units are now completely renovated...only one vacancy as of June 2017.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T00:17:11.763.

    www.tacomarealestatesearch.com/homes/23006247

    68 W Hwy 28 Soap Lake, WA 98851

    • Price: $699,000
    • Status: Active
    • Updated: 227 min ago
    • ID#: 364475
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.86
    Acres
    4,200
    SQFT
    $166
    $/SQFT
    1970
    Built
    Neighborhood:
    Soap Lake
    County:
    Grant
    Area:
    North Central Grant County
    Elementary School:
    Middle School:
    High School:
    School District:
    Soap Lake
    Property Description
    14 unit apartment complex completely rebuilt in the last 4 years, including new windows, doors, siding, paint and carpets. Mostly new appliances. All units are now completely renovated...only one vacancy as of June 2017.
    Exterior Features

    Carport Spaces 0 Exterior Wood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Paved Street Lot Dimensions 250X150 Roof Composition Stories In Building 1 Style 56 - 6-9 Units Total Parking Spaces 20 Uncovered Spaces 20

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 250 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 250 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 250 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 250 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 250 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 250 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 8.89 Electrical Expenses 6360 Energy Source ElectricOil EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 79236 Gross Rent Multiplier 8 Gross Scheduled Income 85200 Heating Expenses 300 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2060 Leased Items None Lot Number 6 & 7 And Ne 50Ft Of 8 Net Operating Income 62121 Other Expenses 3420 Possession Closing Power Company Grant County Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Septic Sewer Company Septic Site Features Cable TVHigh Speed InternetOutbuildingsRV ParkingShop Tax Amount 2779 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 17115 Total Expenses TEX 17115 Total Monthly Income 6575 Unit1 Monthly Rent 500 Unit2 Monthly Rent 500 Unit3 Monthly Rent 500 Unit4 Monthly Rent 500 Unit5 Monthly Rent 500 Unit6 Monthly Rent 475 Vacancy Rate 7 Water Company Lakeview Park Water Sewer Garbage 2196

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Commencement Bay Brokers and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Commencement Bay Brokers are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T00:17:11.763.

     
    Commencement Bay Brokers
    711 Pacific Ave
    Tacoma WA, 98402
    Listing Courtesy of Windermere R.E. K-2 Realty.