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202 Baltimore St
Longview, WA 98632
Alder Terrace Apartments · Multifamily Property For Sale · 65 Units
PROPERTY FACTS
| No. Units | 65 | Lot Size | 2.13 AC |
| Property Type | Multifamily | Building Size | 50,825 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 1943 |
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.13 AC |
| Building Size | 50,825 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built | 1943 |
Unit Amenities
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Storage Space
About 202 Baltimore St , Longview, WA 98632
The Alder Terrace Apartments offer an investor the opportunity to improve and grow a seasoned apartment complex in a well located area in Longview, Washington. Alder Terrace consists of (3) 1 bedroom, 1 bath apartments, (54) 2 bedroom, 1 bath apartments, (7) 3 bedroom, 1 bath apartments, (1) single family home, and onsite storage and laundry facilities. This complex has a total of 47,767 rentable square feet with separately metered utilities to each apartment. Alder Terrace is located close to the industrial areas of Longview which has many of the larger employers in the county. It also has great access to I-5 and the Rainier Bridge and is about 3 miles from major shopping areas such as Safeway, Fred Meyer, Lowes, and Walgreens. Alder Terrace is about a 7 minute drive to the local college and high schools, community centers, churches and the hospital within a few mil radius. Market trends for this area show great potential for rent increases with the lack of available housing and increased demands. Alder Terrace would be an excellent addition to an investment portfolio.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $700.00 | 508 |
| 2+1 | 55 | $875.00 | 729 - 869 |
| 3+1 | 7 | $825.00 | 784 - 1,044 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,504,710 | |
| Land Assessment | $808,130 | Total Assessment | $5,312,840 |
PROPERTY TAXES
zoning
| Zoning Code | R04 |
| R04 |
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