Brentwood Apartments | 3311 NE 42nd Pl
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Brentwood Apartments 3311 NE 42nd Pl
17 Unit Apartment Building $4,825,000 ($283,824/Unit) 6.53% Cap Rate Vancouver, WA 98661
Executive Summary
Introducing Brentwood Apartments: Located in the heart of Vancouver, Washington, this brand-new multifamily community comprises 17 units with attractive layouts and high-end finishes. The property features studios and three-bedroom townhomes and one, two-bedroom single-family home that has been fully renovated. Apartment amenities include stainless steel appliances, modern fixtures and cabinetry, in-unit washer and dryer, woodstyle flooring, and garage parking. Brentwood Apartments is conveniently situated with great access to I-5 and I-205 for easy commutes to downtown Vancouver, Portland, and beyond. Brentwood is within walking distance of many attractive city amenities like schools, parks, restaurants, and shopping. Brentwood is served well by its location in this quaint Vancouver neighborhood characterized by new, modern developments with great connectivity to the larger metro.
Property Facts
| Price | $4,825,000 | Property Subtype | Apartment |
| Price Per Unit | $283,824 | Building Class | A |
| Sale Type | Investment | Lot Size | 0.52 AC |
| Cap Rate | 6.53% | Building Size | 16,176 SF |
| No. Units | 17 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2023 |
| Price | $4,825,000 |
| Price Per Unit | $283,824 |
| Sale Type | Investment |
| Cap Rate | 6.53% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | A |
| Lot Size | 0.52 AC |
| Building Size | 16,176 SF |
| No. Stories | 4 |
| Year Built | 2023 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | 1,000 |
| 3+2.5 | 8 | - | 1,417 |
PROPERTY TAXES
| Parcel Number | 161659-000 | Improvements Assessment | $3,665,238 |
| Land Assessment | $398,662 | Total Assessment | $4,063,900 |
PROPERTY TAXES
Parcel Number
161659-000
Land Assessment
$398,662
Improvements Assessment
$3,665,238
Total Assessment
$4,063,900
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Brentwood Apartments | 3311 NE 42nd Pl
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