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100 W Curtis St

12 Unit Block of Flats £1,427,971 (£118,998/Unit) 7.68% Net Initial Yield Aberdeen, WA 98520

Investment Highlights

  • This building has been thoughtfully updated, with modern engineered hardwood flooring and energy-efficient LED lighting.
  • Ample room for rent adjustments and an additional parcel included in the sale

Executive Summary

Twelve unit apartment building on the south side of Aberdeen. Building has 6 one bedroom units and 6 two bedroom units. The building is located close to college. Built in 2009 with remodeled units with engineered hardwoods thru-out and LED lighting to make more efficient. . Still plenty of room for rent increases. Sale also includes additional parcel #027601502300

Attachments

Flyer Aberdeen

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,427,971
Price Per Unit £118,998
Sale Type Investment
Net Initial Yield 7.68%
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.36 AC
Building Size 10,488 SF
Average Occupancy 100%
Number of Floors 3
Year Built 2009
Parking Ratio 1.53/1,000 SF

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Family Room
  • Handrails
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 6 £1,056 825
2+1 6 £1,135 925

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 027601502100
  • 027601502300
Land Assessment
£51,266
Improvements Assessment
£1,097,946
Total Assessment
£1,149,212

zoning

Zoning Code Multi-Family
Multi-Family
  • Listing ID: 31142780

  • Date on Market: 06/03/2024

  • Last Updated:

  • Address: 100 W Curtis St, Aberdeen, WA 98520

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