890 Dougherty Rd | Castle Rock, WA 98611
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- LoopNet Team
890 Dougherty Rd
Castle Rock, WA 98611
East Village Apartments · Multifamily Property For Sale · 19 Units
Investment Highlights
- The 2 bedroom units are large townhome style units
- Large storage units with potential source of added income
- In-place 6.66% Cap Rate with 7.63% Market Cap Rate without major renovation needs
- Covered parking - 18 total carports
- Close proximity to Interstate 5
- Roofs replaced 5 years ago & upgraded vinyl double pane windows
PROPERTY FACTS
| No. Units | 19 | Lot Size | 1.21 AC |
| Property Type | Multifamily | Building Size | 16,325 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1976 |
| Building Class | C | Parking Ratio | 2.51/1,000 SF |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 16,325 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 2.51/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $900.00 | 575 |
| 2+1 | 17 | $1,195 | 900 |
| Studios | 1 | $895.00 | 450 |
PROPERTY TAXES
| Parcel Number | 3-0829 | Improvements Assessment | $1,318,240 |
| Land Assessment | $270,580 | Total Assessment | $1,588,820 |
PROPERTY TAXES
Parcel Number
3-0829
Land Assessment
$270,580
Improvements Assessment
$1,318,240
Total Assessment
$1,588,820
zoning
| Zoning Code | R02 (Apartment 13 to 20 units (107)) |
| R02 (Apartment 13 to 20 units (107)) |
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