401 N Ash St
Centralia WA 98531
401 N Ash St
401 N Ash St Centralia WA 98531
Listing #: 679990 | Status: Available | Last Modified: 5/3/2024 |
For Sale
- Phone:(206) 250-9934
- Email:river@westlakeassociates.com
- Office Name:Westlake Associates, Inc.
- Office Phone:(206) 505-9400
- Office Website:
- Agent Phone:(206) 280-4247
- Agent Email:louisv@westlakeassociates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 6,000,000.0
- $/SF$ 2,105.3
- $/Unit$ 6,000,000.0
- Listing StatusAvailable
- Days on Market25
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income541,500
- Vacancy Factor %5.46%
- Operating Expenses180,149
- Net Operating Income331,785
- CAP Rate 6.02 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 6.02 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units30
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF2850
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF74052
- Acres1.7
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyLewis
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCentralia
- Tax ID #002102001000
- Additional Parcels
- ZoningR15
- Year Built1994
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
The Montclair Apartments
Montclair is a 30-unit apartment community built in 1994. The property is situated on a 78,408 SF lot in a quiet area of Centralia, Washington. All 30 units are Two-Bedroom One-Bath apartment homes. The apartment homes face a nicely landscaped setting with plenty of space and quiet surroundings. Each unit has its own private deck/patio. The unit interiors have been recently renovated and feature brand new luxury vinyl plank flooring, vanities, stainless steel appliances, and washer and dryers. Some recent capital expenditures include fresh asphalt parking lot, renovated unit interiors, exterior paint job, brand new siding on all buildings, new signage, new fencing, new windows on select units, upgraded exterior lighting.
