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Washougal, Clark County, Washington
Downtown Washougal Executive Suites Building
Asking Price
$1,240,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ed Fischer
Name
Ed Fischer
Description
The building is currently 100% leased out, with all tenants on 1-year leases, and a waiting list is usually established for any upcoming openings. The current average tenancy duration throughout the building is about 3 years. Unit mix of 15 individual suites from 90-150SF, and one 700 SF 3-room Suite
With expiration dates spread throughout the year, this gives owner-users the flexibility to acquire spaces for their own needs over a short period of time.
The building is well maintained, and the off-street parking lot has 8 unassigned spaces.
NOI of $82,676 and offered at an Actual Cap Rate of 6.67%
https://tworld.com/locations/Washington/vancouver/listings/Downtown-Washougal-Executive-Suites-Building
Business Details
Reason for sale:
cashing out
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
062221-864003
Posting Information
Posting ID:
ID tw:92059 / Listing Number 062221-864003
Business Category:
Real Estate Related
Keywords:
Transworld
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Posting Title
Downtown Washougal Executive Suites Building
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*92059
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Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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