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Chestnut Apartments 1108 Chestnut St

11 Unit Block of Flats £790,275 (£71,843/Unit) 5.97% Net Initial Yield Clarkston, WA 99403

Executive Summary

Welcome to The Chestnut Apartments in Clarkston, Washington – a prime investment opportunity that seamlessly blends modern comfort with historic charm. With 11 units renovated in 2018, each space exudes a contemporary feel, featuring updated fixtures and stylish finishes. What sets The Chestnut Apartments apart is the flexibility offered with month to-month rentals, providing both you and tenants the freedom to navigate evolving needs. Sellers are licensed real estate brokers in Washington State.

Attachments

Chestnut_Apartments_Flyer

Property Facts

Price £790,275 Apartment Style Low Rise
Price Per Unit £71,843 Building Class C
Sale Type Investment Lot Size 0.25 AC
Net Initial Yield 5.97% Building Size 7,720 SF
No. Units 11 Number of Floors 2
Property Type Residential Year Built/Renovated 1980/2018
Property Subtype Apartment
Price £790,275
Price Per Unit £71,843
Sale Type Investment
Net Initial Yield 5.97%
No. Units 11
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.25 AC
Building Size 7,720 SF
Number of Floors 2
Year Built/Renovated 1980/2018

Unit Amenities

  • Air Conditioning
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Rubbish Collection - Kerbside
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 7 - -
Studios 1 - -
2+1 3 - -
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PROPERTY TAXES

Parcel Number 1-002-04-001-0002-0000 Improvements Assessment £428,313
Land Assessment £23,474 Total Assessment £451,787

PROPERTY TAXES

Parcel Number
1-002-04-001-0002-0000
Land Assessment
£23,474
Improvements Assessment
£428,313
Total Assessment
£451,787
(509) 599-6504

  • Listing ID: 31195539

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: 1108 Chestnut St, Clarkston, WA 99403

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© 2024 CoStar Group

Chestnut Apartments | 1108 Chestnut St
(509) 599-6504 x

Chestnut Apartments | 1108 Chestnut St

Chris Bornhoft

(509) 599-6504

(509) 599-6504

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