LISTING DETAILS

401 N Ash St

401 N Ash St Centralia WA 98531

Listing #: 679990 | Status: Available | Last Modified: 5/3/2024

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	541,500
Vacancy Factor %	5.46%
Operating Expenses	180,149
Net Operating Income	331,785
CAP Rate	6.02 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Financial Summary
CAP Rate	6.023

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	2
# of Units	30
Total Building SF	2,850 SF
Net Rentable Area	0 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	74,052 SF
Acres	1.7
Year Built	1994

Property Type
Property Type	Multi-Family
Building Class	B

Location
County	Lewis
Market Area	Centralia
Tax ID #	002102001000
Zoning	R15

The Montclair Apartments

Public Comments

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.

401 N Ash St
401 N Ash St Centralia WA 98531

Listing #: 679990 | Status: Available | Listing Date: 4/8/2024 | Last Modified: 5/3/2024 | Email Listing

For Sale

401 N Ash St

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