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    815 Eatonville Highway W

    Eatonville, WA 98328
    • $3,850,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 1807227
    UPDATED: 24 min ago
    $3,850,000
    • 0
      BEDS
    • 3.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1997
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Kidder Mathews.

    Description

    Kidder Mathews is pleased to present the Westwood Apartments, a 22-unit apartment community for sale in Eatonville, Washington. Built in 1997, this two-story garden style complex offers investors immediate returns, along with excellent value-add potential. With 6 of 22 units recently renovated, Westwood Park holds proven rental upside and tremendous value left for new ownership to continue renovation schedule. This well positioned offering features one and two bedroom units averaging 910 SF, with potential to increase rental income by over $7,000 per month post renovations.

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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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-31T18:14:37.483.

    www.communityrealestategroup.com/homes/119276928
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    815 Eatonville Highway W Eatonville, WA 98328

    • Price: $3,850,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 1807227
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.8
    Acres
    1997
    Built
    Neighborhood:
    Eatonville
    County:
    Pierce
    Area:
    Eatonville
    School District:
    Eatonville
    Property Description
    Kidder Mathews is pleased to present the Westwood Apartments, a 22-unit apartment community for sale in Eatonville, Washington. Built in 1997, this two-story garden style complex offers investors immediate returns, along with excellent value-add potential. With 6 of 22 units recently renovated, Westwood Park holds proven rental upside and tremendous value left for new ownership to continue renovation schedule. This well positioned offering features one and two bedroom units averaging 910 SF, with potential to increase rental income by over $7,000 per month post renovations.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Cement/Concrete Open Parking Spaces 24 Open Parking YN Yes Parking Total 24 Parking Uncovered Spaces 24 Roof Built-Up Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Foundation Details Block Furnished Unfurnished Heating Cooling Type Forced Air

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 267720 Insurance Expense 5687 Irrigation Water Rights YN No Leased Items None Listing Terms Conventional Net Operating Income 166057 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 22180 Tax Year 2021 Total Expenses 88277 Units In Building Total 22 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 13455 Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 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 Keller Williams Tri-Cities 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 Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-31T18:14:37.483.

     
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    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of Kidder Mathews.