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About the Listing 2730 - 52820
Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Centralia
Exterior Details
- Lot Description: Community Golf Course
- Garage Capacity: N/A
- Roof: Composition
- Others: Wood Products
- Sewer: Centralia
Financial Details
- Tax Amount: $22,097
- Taxes w/Assessments: N/A
- Tax/Property ID: 001934014000
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
1100 S Pearl St Centralia, WA 98531
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