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Multifamily Commercial View, Front
Front of Building
Multi-Family Apartments
with
Six rental units in Hoquiam Washington

Click on picture for enlarged view

PROPERTY LOCATION
Property
Name:
Riverside Apartments Type Property: Multifamily Location: City/Town
Property
Address:
1515 Riverside City: Hoquiam State
Province:
Washington
County: Grays Harbor Country: United States  
Investment Summary
Currency Type: US Dollars Price: $450,000 Records Available: Yes
Year Built: 1998 Building Sq.Ft.: 4,760
Lot size: 10,000 Sq. Ft. Lot Depth: 100 ft Lot Frontage: 100 feet
Operating Data
Gross Income:  $35,500 Loan Payments:  $1,500
Expenses:  $8,000 Cash Flow:  $3,150
Net Oper. Income:  $9,500 Down Payment:  $150,000

Descriptive info:
         This is a six-plex apartment with three units up and three units down. Each unit has two bedrooms, a storage room, refrigerator, dishwasher, washer/dryer hook-up, paved parking lot, balcony, and electric heat. The apartment is within walking distance of restaurants, City Library, and shopping district. The apartments overlook the Hoquiam River.
         Hoquiam, WA is located on Grays Harbor on the Western Washington Coast. Hoquiam is about twenty miles from Ocean Shores and about twenty five miles from Westport, both areas are fast growing coastal tourist towns. The drive to Seattle takes about two hours and to Portland, Oregon about two and one half hours. There are many activities available in the area including clam digging, ocean and river fishing for salmon, steelhead and other species of fish, hiking and beach combing. Grays Harbor College is located about five miles from the apartment site, and the K-12 school facilities are modern and nearby.

PRICE - $450,000

Send inquiries & comments to:
Phillip Christopherson
2532 East Hoquiam Road
Hoquiam, WA 98550 USA
Home Phone: 360-533-1642
Business Phone: 360-538-1622
howard@littlehoquiamshipyard.com


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