Description
Back on market. Buyer and seller to far apart on inspection credits. Check out this 7.9 cap 12 unit apartment building in Central Port Angeles. Amazing Value add with cash flow potential and room to improve and raise rents. Improvements recently done to include: Newer TPO roof, new permitted electrical services and breaker panels, 3 renovated apartments, Remaining apartments light refresh done during turns. Update the other 9 units to realize higher markets rents. Port Angeles currently has a shortage for rentals. Too much potential to pass up.The building includes 12 units, 4 separate storage units, 2 garages and a coin-operated laundry.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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10,546SQFT
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$137$/SQFT
School Information
Listing Courtesy of Better Properties Nw.Description
Back on market. Buyer and seller to far apart on inspection credits. Check out this 7.9 cap 12 unit apartment building in Central Port Angeles. Amazing Value add with cash flow potential and room to improve and raise rents. Improvements recently done to include: Newer TPO roof, new permitted electrical services and breaker panels, 3 renovated apartments, Remaining apartments light refresh done during turns. Update the other 9 units to realize higher markets rents. Port Angeles currently has a shortage for rentals. Too much potential to pass up.The building includes 12 units, 4 separate storage units, 2 garages and a coin-operated laundry.
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 Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-24T16:16:40.543.