Second Street Townhomes
15912 SE 2nd Street, Vancouver, WA 98684
Price$1,800,000
Number of Units8
Building Size8,128 sqft
Price/Unit$225,000
Property TypeMultifamily
Sub TypePitched-Composition Shingle Roof
Cap Rate4.8%
Highlights
- Popular Floorplans — Desirable townhome floor plans
- Upgraded Units — Several units with interior upgrades including new cabinets and LVP flooring
- Back Yard & Patios — All units have semi-private patios in fenced-in back yard
- Laundry Hookups Available — Washer and dryer hookups in units
- Parking Available — Plentiful off-street parking
- Large Corner Lot — Additional vacant land
Description
Built in 1976, the Second Street Townhomes is unique among the housing choices in the popular 164th corridor neighborhood of Vancouver, WA. The property is comprised of 8 townhome units that each have 2 bedrooms and 1.5 bathrooms. The property offers off-street parking and back yard patio area, laundry in each unit, and great access to area amenities.
The Second Street Townhomes are comprised of a single two-story building with wood frame construction with pitched composition roof.
Listing Broker is owner and licensed Real Estate Broker in Washington
Financial Summary
- Pro Forma NOI: $81,597
- Pro Forma Cap Rate: 4.8%
Gallery