$4,950,000
Tstreet Apartments
2008 East 4th Plain Boulevard
Vancouver, WA 98664
Available
PRICE
UNITS
40
YEAR BUILT
1976
PRICE/UNIT
$123,750
TYPE
Multifamily
CAP RATE
6.59%
Highlights
DESCRIPTION
Built in 1976, The Tstreet Apartments are unique among the housing choices in Vancouver, WA. The property is comprised of 40 apartment homes with (34) 1 bedroom/1 bathroom and (6) 2 bedroom/1 bathroom units. The property offers off street parking, laundry facilities on site and great access to area highways and freeways. Recently turned units have seen significant increases in rent due to improving market conditions.
The Tstreet Apartments are made up of 3 two story buildings with wood frame construction and newer pitched composition roof.
FINANCIAL SUMMARY
- Pro Forma NOI $326,030
- Pro Forma Cap Rate 6.59%
CONTACT LISTING BROKER:
Grayson Pounder | 503.680.4638 | Grayson@PounderRealty.com
Location
ABOUT US
The Pounder name is synonymous with trust, service, and comprehensive market knowledge. Pounder Realty was founded in 2013 with a keen focus on our clients’ needs. Specializing in mid-sized multi-family units in Oregon and Southwest Washington we are continuing the tradition begun by the Pounder name in 1946. Learn more about the Pounder legacy on our About Us page.
- 6105 S Macadam Ave.
Portland, OR 97239 - 503.207.6342
ADDITIONAL LINKS
DISCLAIMER
The information contained herein is based on information and sources deemed to be reliable, but no representation or warranty is being made as to the accuracy or completeness of such information. Any pro forma projections and estimates are used for example only and do not represent current or future performance. Prospective Buyers are expected to verify any and all information pertaining to the Property, and should make their own investigations, projections, and conclusions to inform financial, legal, and tax decisions. All Rights Reserved.
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