Built in 2004, this late model 5 plex investment/replacement property may be the right fit. Main floor living/dining/laundry/ kitchen along w/ a 3/4 bath. Upstairs, 3 beds and full bath. 2 parking stalls per unit. Very close to transportation, shopping, recreation and more. Long term tenants, the rents are soft, market rate is $1500/unit. If fully leased at $1500 per unit, CAP RATE goes to 6.9% and GRM goes to 11. Great opportunity!
Pleasant Glade ElemElementary School
Chinook MiddleMiddle School
North ThurstonHigh School