Sydney Court (Status: Available) 3900000

1016, 86th St, Vancouver, WA  98665

We are pleased to present Sydney Court in Vancouver, Washington. This 20 unit, turnkey asset is available at an in place 6.45% cap rate with potential for an additional 11% in EGI to be captured by renovating the remaining unrenovated units. Currently 14 of the 20 units are renovated and achieving premium rents. The building is composed of 18 two-bedroom units, 1 two bedroom townhome unit, and 1 three-bedroom townhome unit. All units have an in-unit WD and the property received a new roof, exterior paint, and parking lot update.

Listing Details

Asset Class: Multi-Family
Year Built: 1968
Building Total Square Feet: 16370
Available Lease Space Square Feet: 16370
Number of Floors: 2
Total Parking Spaces: 23
Local Zoning Information: GC

Listing Courtesy of: Northmarq Commercial, LLC

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.