View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

527 E 1st Street

Main image

527 E 1st Street

527 E 1st St, Port Angeles, WA 98362
Multi-Family For Sale Available Cap Rate 6.58% Built 1953 2 floors Zoning: CA
Asking Price
$1,600,000
Total Building10,546 SF
Land6,993 SF land
ConstructionFramed
MarketClallam County
CountyClallam

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
300420
Listing ID
705710
Type
Multi-Family
Asset Class
Multi-Family
Zoning
CA

Description

Morning Glory consists of nine one-bedroom, one-bathroom units averaging 711 square feet, and two two-bedroom, one-bathroom units averaging 988 square feet, and one three-bedroom, one-bathroom unit of approximately 968 square feet. The apartment has two shared washers and two shared dryers. At a purchase price of $1,600,000, Morning Glory offers great value to a buyer at $133,333 per unit, $171 per foot, with solid operations. An incoming investor to undergo could come in and achieve over a 10% Cash-on-Cash return on day one.

Listing Courtesy of:

AH
Aimon Heffernan
Marcus & Millichap, Inc.
401 Union Street, 32nd fl,
Seattle, WA 98101
State: WA City: Port Angeles ZIP: 98362 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.