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.
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.
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.
Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor’s dream. Built in 2023 these 16 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder’s warranty in 2024. Fire sprinklers! Offers a remarkable 6.5% Cap Rate on Year 1 stabilized, 11.5 GRM & 24% Expense Ratio. 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.
Great investment opportunity! Fully occupied 5-plex with great rental history. Each unit has 2 bedroom, 1 bath, refrigerator and oven. Complex has community laundry, covered parking and individual storage area available. Don't miss out on this!
Six plex ( Catlin ) located in the Historic Old Westside. Five one-bedroom units and one studio apartment. Fantastic investment property in the Old Westside. Off street parking and a community garden. Plumbing has been redone, newer appliances, fixtures, lots of upgrades, Located on a corner lot with easy access to lake Sacajawea, and shopping. Property is well maintained with oak floors. You have quick access to public transit. Write offer and view upon accepted contract
Fully Occupied with Seller financing available! Property is zoned for a 4-plex multi-family. 3D renderings and floor plan available. Permitting is approx. $3500 (Buyer to verify) Amazing development opportunity or turnkey as is. This duplex has several updates in progress including, bathroom sink/vanity, kitchen faucets, alcove shower walls, water heaters, kitchen stove & refrigerators. Located in the new westside minutes to shopping, parks, hospital & I5. Each unit has a detached garage, off road & street parking. W/S/G are paid by tenants. Both units are occupied. Please do not disturb the tenants. Short term seller financing possible.
Longview is located in Washington. Longview, Washington has a population of 37,542. Longview is less family-centric than the surrounding county with 25.21% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Longview, Washington is $53,044. The median household income for the surrounding county is $64,506 compared to the national median of $69,021. The median age of people living in Longview is 38.8 years.
The average high temperature in July is 76.9 degrees, with an average low temperature in January of 33.7 degrees. The average rainfall is approximately 55.5 inches per year, with 3.8 inches of snow per year.