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1910 NE Stapleton Rd

6 Unit Apartment Building $1,050,000 ($175,000/Unit) Vancouver, WA 98661

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Investment Highlights

Investment Opportunity
Income producing property

2 Year old roof

Executive Summary

Incredible investment opportunity!! Great income producing property with 6 units in total, each with 2 bed-rooms and 1 bathroom with lovely fenced in backyards. Washer/Dryer hookups. Recent updates include new waterlines, new roof on 2 buildings, new exterior paint. Ample off street parking for tenants. Close to restaurants, shopping and more! Seller's estimated cap rate is 5.5%-financials provided. PLEASE DO NOT DISTURB TENANTS. Write offers subject to interior inspection. New water lines. Buildings separately metered. Roof approximately 2 years old on buildings with units 3-6. Other building had new roof installed approximately 2012. New exterior paint. Mini split in units offers heat & a/c. Each units gets one parking space in front of unit and another in parking lot. All units are currently leased, with one becoming vacant at the end of January 2025. Seller's estimated cap rate is 5.5%. See attached financials. Due to the number of units, this is a commercial property as op-posed to residential and therefore, there will be no Property Transfer Disclosure Statement. Commercial financing must be used on this property.

Title Commitment

Map

Aerial Map- Encroachment

EXE Exhibit A

Financials

Rent Ledger

Property Facts

Price	$1,050,000	Building Class	C
Price Per Unit	$175,000	Lot Size	0.25 AC
Sale Type	Investment	Building Size	5,508 SF
No. Units	6	No. Stories	1
Property Type	Multifamily	Year Built	1970
Property Subtype	Apartment	Parking Ratio	1.45/1,000 SF
Apartment Style	Single Family Home	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,050,000
Price Per Unit	$175,000
Sale Type	Investment
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Single Family Home
Building Class	C
Lot Size	0.25 AC
Building Size	5,508 SF
No. Stories	1
Year Built	1970
Parking Ratio	1.45/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.