PARK TERRACE APARTMENTS
7 Unit Apartment offered at $665,000.
Start collecting income today! Clean, Professionally Managed, Longterm Tenants, Stable Location. Very well maintained apartment in desirable location in Arlington.
Location offers 10 paved parking stalls on site, a coin-operated laundry, and additional storage for each unit. Property is well run, maintained and easy to operate.
Offered at 6.7% CAP & 9.9% GRM, based on 2014 actuals. Easily increase returns. 4 leases are month-to-month ranging from $750-$775/month. Longer leases are $850/month, market supports $850-$900/month.
Looking for more information on Park Terrace Apartments or a similar investment?
Contact Jen at (206) 293-1005 or send an email to: Jen@HudsonCREG.com.
ADDITIONAL INFORMATION AVAILABLE TO DOWNLOAD:
- Park Terrace – Flyer
- Park Terrace – Year End 2014 Financials
- Park Terrace – Financials with New Leases
- Park Terrace – Rent Rolls
- Park Terrace Demographics Report
- Map Property