39570 SE Park St , 1-10

    Snoqualmie, WA 98065
    • $1,500,000
    • STATUS: Pending Inspection
    • ON SITE: 96 days
    • ID#: 1257445
    Under Contract
    UPDATED: 9 min ago
    $1,500,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1923
    County:

    School Ratings & Info

    Listing Courtesy of Kidder Mathews.

    Description

    Located in Downtown Snoqualmie within blocks of historic Downtown & Centennial Fields Park. 100% occupied and in-place 5.4% CAP. With multi-year leases & built-in rent increases to the commercial & stabilized apt rents, the CAP should achieve 6% in near term. The apartments were completely renovated with all new plumbing, electrical, sheetrock, and cosmetics in 09/10. Walking distance to elementary/high schools, Snoqualmie Valley Trail. SF is est. 2nd Parcel (541710016) 153 Meadowbrook Way SE.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-18T09:14:54.117.

    www.nwhomeexperts.com/homes/81528942

    39570 SE Park St , 1-10 Snoqualmie, WA 98065

    • Price: $1,500,000
    • Status: Pending Inspection
    • Updated: 9 min ago
    • ID#: 1257445
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1923
    Built
    Neighborhood:
    Snoqualmie
    County:
    King
    Area:
    Sammamish,Fall City,N.Bend,Fall Cty,Snoq
    Property Description
    Located in Downtown Snoqualmie within blocks of historic Downtown & Centennial Fields Park. 100% occupied and in-place 5.4% CAP. With multi-year leases & built-in rent increases to the commercial & stabilized apt rents, the CAP should achieve 6% in near term. The apartments were completely renovated with all new plumbing, electrical, sheetrock, and cosmetics in 09/10. Walking distance to elementary/high schools, Snoqualmie Valley Trail. SF is est. 2nd Parcel (541710016) 153 Meadowbrook Way SE.
    Exterior Features

    Exterior Cement/ConcreteWoodWood Products Foundation Slab Lot Depth 0 Roof Composition Site Frontage 0 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 11 Waterfront Footage 0

    Interior Features

    Building Sq Ft 10000 Floor Covering ConcreteVinylWall to Wall Carpet Heating And Cooling Baseboard Office Sq Ft 0 Total Sq Ft Rented 10000

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 5.40 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification BusinessCommercialMulti-FamilyOfficeRetail Gross Adjusted Income 143008 Gross Rent Multiplier 10 Gross Scheduled Income 150535 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 13799 Net Operating Income 81390 Other Expenses 25027 Possession Closing Power Service Amps 0 Sewer Sewer Connected Tax Amount 10177 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 61618 Total Expenses TEX 61618 Total Monthly Rent 11434 Vacancy Rate 5 Water Sewer Garbage 12615 Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-18T09:14:54.117.

     
    NW Home Experts
    1217 Cooper Point Road SW # 5
    Olympia WA, 98502
    Listing Courtesy of Kidder Mathews.