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Daybreak Gardens Apartments 219-221 SE Clark Ave

16 Unit Block of Flats £3,521,025 (£220,064/Unit) 5.05% Net Initial Yield Battle Ground, WA 98604

Executive Summary

Daybreak Gardens Apartments' appealing location and outstanding condition make it an attractive investment opportunity for an asset type that rarely comes to market in Battle Ground. The two buildings are newly constructed and fully leased. Building A was finished in October 2020 and building B in January 2022.
Daybreak Gardens Apartments is an ideal opportunity to acquire a turn-key asset in this growing market. Inside, carefully chosen finishes are low maintenance and durable while also being modern and timeless. Sixteen efficiently designed two-bedroom units maximize space with efficient traffic flow. Outside, the property boasts large back yards and lots of parking including paid parking stalls, visitor parking, and available on-street parking. The neighborhood is clean, quiet, safe, and near to grocery stores, dining, and outdoor amenities.

Property Facts

Price £3,521,025
Price Per Unit £220,064
Sale Type Investment
Net Initial Yield 5.05%
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.63 AC
Building Size 15,148 SF
Average Occupancy 100%
Number of Floors 2
Year Built 2020
Parking Ratio 1.58/1,000 SF

Unit Amenities

  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Carpet
  • Pantry

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 16 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 986051-998
  • 986052-000
  • 986051-999
Land Assessment
£193,161
Improvements Assessment
£2,857,174
Total Assessment
£3,050,335

zoning

Zoning Code R-20 (Multi-family)
R-20 (Multi-family)
  • Listing ID: 34011828

  • Date on Market: 26/11/2024

  • Last Updated:

  • Address: 219-221 SE Clark Ave, Battle Ground, WA 98604

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