Bought with Realty One Group Enterprise
$4,625,000
$4,625,000
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47,676 SqFt
SOLD DATE : 11/15/2019
Key Details
Sold Price $4,625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 47,676 sqft
Price per Sqft $97
Subdivision Highlands
MLS Listing ID 1492057
Sold Date 11/15/19
Style 56 - 10+ Units
Year Built 1943
Annual Tax Amount $23,133
Lot Size 2.127 Acres
Property Description
Alder Terrace offers an investor the opportunity to improve & grow a seasoned apt complex. There are (3)1BD/1BA, (54)2BD/1BA, (7)3BD/1BA, single fam home, & onsite storage. This complex has 47,767 rentable SF w/ sep metered utilities. Located close to the industrial areas w/ access to I-5 & the Rainier Bridge. Market trends show great potential for rent increases w/ the lack of available housing.
Location
State WA
County Cowlitz
Area 402 - Highlands
Interior
Interior Features Forced Air, Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N No
Roof Type Torch Down
Building
Lot Description Alley, Curbs, Dead End Street, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Longview
Others
Acceptable Financing Cash Out, Conventional, See Remarks
Listing Terms Cash Out, Conventional, See Remarks
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