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1020 J Street
1020 J St Hoquiam WA 98550
Listing #: 683771 | Status: Available | Last Modified: 8/8/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 77,500 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 31,454 |
| Net Operating Income | 46,046 |
| CAP Rate | 8.01 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 8.008 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 7 |
| Total Building SF | 6,971 SF |
| Net Rentable Area | 6,971 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 6,098 SF |
| Acres | 0.14 |
| Year Built | 1929 |
| Year Renovated | 2020 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | B |
| Location | |
|---|---|
| County | Grays Harbor |
| Market Area | Grays Harbor |
| Tax ID # | 051806401400 |
SEE_NOTES
A 7-unit apartment building with a strong rental history. This building features three 2-bedroom units and four 1-bedroom units, offering a variety of living spaces. Additionally, it includes a garage that can be utilized as a shop or for storage, generating additional income. Conveniently located close to a bus line and shopping areas, the property ensures easy access to essential amenities. Rents are currently below market value, presenting a significant opportunity for potential increases, making it an attractive investment for those looking to maximize their returns.
1020 J Street
1020 J St Hoquiam WA 98550
Listing #: 683771 | Status: Available | Listing Date: 7/8/2024 | Last Modified: 8/8/2024 | Email Listing
For Sale
1020 J Street
