Listing courtesy of Northmarq Multifamily, LLC 952-356-0100
$3,650,000
We are pleased to present Sydney Court, a 20-unit apartment community in the Hazel Dell neighborhood of Vancouver, Washington. Built in 1968 across two buildings, the property offers two-bedroom, one-bath and three-bedroom, two-bath floor plans averaging 870 square feet, with full-size in-unit washers and dryers in every home. Offered at… Read More $3,650,000 ($183,000 per unit / $210 per NRSF), the property delivers a 6.53% in-place cap rate with current rents approximately 7.89% below market. Eighteen of the twenty units have been extensively renovated with stainless appliances, quartz counters, new cabinets, flooring, trim, doors, and lighting, and the roof was replaced in 2022, minimizing near-term capital needs. The Hazel Dell location offers convenient access to a major retail corridor anchored by Walmart, Target, and Kohl’s, plus Hazel Dell Marketplace, area employment centers, and regional transportation. Read Less
Listing courtesy of Northmarq Multifamily, LLC 952-356-0100
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
1
Days on Website
1
Last Updated
Property Type
Multi Family
Square Ft.
17,400
Lot Size
0.48 Acres
Year Built
1968
Property Tax
$30,074
MLS Number
2564972
30 Days Snapshot Of 98665
$505k
-9%
(avg) sold price
6
+20%
homes sold
111
+236%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 17400, Building Area Units: Square Feet, Calculated Square Footage: 17400, Construction Materials: Wood, Elevation Units: Feet, Leasable Area: 17400, Living Area: 0, Number Of Units Total: 20, Stories Total: 2, Structure Type: Multi Family, Units In Building Total: 20, Year Built: 1968
Sewer: Sewer Connected, Sewer Company: Clark Regional Wastewater District
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: Clark Public Utilities, Power Production Type: Electric, Water Company: Clark Public Utilities, Water Source: Public
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The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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