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Aspen Heights
212 - 216 Antles Ave Wenatchee WA 98801
Listing #: 679838 | Status: Available | Last Modified: 4/8/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 533,999 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 199,326 |
| Net Operating Income | 307,973 |
| CAP Rate | 5.82 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 36 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.820 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 36 |
| # of Elevators | 0 |
| A/C | Yes |
| Total Building SF | 33,788 SF |
| Net Rentable Area | 33,788 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 70,567 SF |
| Acres | 1.62 |
| Year Built | 2003 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | Chelan |
| Market Area | Chelan County |
| Tax ID # | 222015765135 |
| Zoning | RH |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 99 |
| Total Parking Spots | 99 |
Aspen Heights
Aspen Heights is a well-positioned, jewel asset in Wenatchee being offered for the first time in nearly two decades. Within walking distance tenants will enjoy an abundance of local amenities including Downtown Wenatchee, Py- bus Public Market, a collection of trail heads and a short drive to Wenatchee Confluence State Park. The property is eastern facing situated on a bluff overlooking the Co- lumbia River with sweeping views of the Cascade Range foothills. The asset is exclusively 2-bedroom 1 bath and 2-bedroom 1.5 bath. Units are in original condition featuring spacious layouts and washer dryer hookups offering a value-add strategy for an investor. Having been built in stages be- tween 1996 and 2003 the roofing is original, buildings are copper plumbed and have modern electrical panels.
Aspen Heights
212 - 216 Antles Ave Wenatchee WA 98801
Listing #: 679838 | Status: Available | Listing Date: 4/4/2024 | Last Modified: 4/8/2024 | Email Listing
For Sale
Aspen Heights
