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401 Stanford Drive

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401 Stanford Drive

401 Stanford Dr, Mount Vernon, WA 98273
Multi-Family For Sale Available Cap Rate 5.51% Built 1977 2 floors Zoning: Multi-family
Asking Price
$7,895,000
Total Building23,922 SF
Available23,922 SF avail
Land84,942 SF land
Parking Total85
& Uncov.
ConstructionFramed
MarketSkagit County
CountySkagit

Read Overview
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Overview

Property ID
303114
Listing ID
711760
Type
Multi-Family
Asset Class
Multi-Family
Zoning
Multi-family

Description

Large 45 unit apartment complex in 4 buildings located within walking distance of schools and the hospital. Situated on two corner lots consisting of 1.95 acres and comprising 44-1 bedroom/1 bath units and 1-3 bedroom/3.5 bath unit. There is a management office and 3 coin operated laundry facilities on site. All parking is uncovered except the 3 bedroom unit has a 2 car garage. Buildings were originally constructed in 1977 and 1979. They have undergone complete rehab renovations. The units have vinyl floors & stainless steel appliances including range/oven, fridge and dishwashers. The property is partially fenced. Siding and roofs are 6 & 7 yrs old.

Listing Courtesy of:

GF
Gary Franklin
Windermere-San Juan Island
PO Box 3049,
Friday Harbor, WA 98250-0488
State: WA City: Mount Vernon ZIP: 98273 Type: For Sale

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