1922 Alabama Street, Longview, WA 98632
$995,000
1922 Alabama Street, Longview, WA 98632

This Longview 10-Unit multi-family investment property is a reliable

cashflow-producing property with a strong rent upside. The offering comprises two adjacent buildings; a 6-Plex situated at 1922 Alabama Street and a 4-Plex situated at 306 20th Avenue in Longview, WA. The unit mix consists of the following: one (1) 2BR/1BA section, five (5) 1BR/1BA sections, and four (4) Studio sections. Each unit has its own electricity meter and is equipped with electric heating and appliances. With a price tag of only $100,000 per unit, which is below replacement cost, this presents an exceptional chance to purchase a fully operational property in a rapidly expanding market. Both buildings boast newer exterior paint and energy-efficient vinyl windows. Keller Williams Sunset Corridor | Each Office Independently Owned and Operated

Property Type: Multi-Family

$995,000
1922 Alabama Street, Longview, WA 98632

This Longview 10-Unit multi-family investment property is a reliable

cashflow-producing property with a strong rent upside. The offering comprises two adjacent buildings; a 6-Plex situated at 1922 Alabama Street and a 4-Plex situated at 306 20th Avenue in Longview, WA. The unit mix consists of the following: one (1) 2BR/1BA section, five (5) 1BR/1BA sections, and four (4) Studio sections. Each unit has its own electricity meter and is equipped with electric heating and appliances. With a price tag of only $100,000 per unit, which is below replacement cost, this presents an exceptional chance to purchase a fully operational property in a rapidly expanding market. Both buildings boast newer exterior paint and energy-efficient vinyl windows. Keller Williams Sunset Corridor | Each Office Independently Owned and Operated

Property Type: Multi-Family

PROPERTY DESCRIPTION


ADDRESS

New Paragraph

CITY, STATE, & ZIP

New Paragraph

UNITS

New Paragraph

YEAR BUILT

New Paragraph

BUILDING SF

New Paragraph

TYPE

Property Type: Multi-Family

CONSTRUCTION

New Paragraph

ZONING

APN

New Paragraph

OFFERING SUMMARY


SALE PRICE

$995,000

PRICE PER UNIT

New Paragraph

PRICE PER SF

New Paragraph

CAP RATE

New Paragraph

MARKET CAP RATE

New Paragraph

GRM

New Paragraph

MARKET GRM

New Paragraph

See More Properties