Address Map
US
Washington
Lewis
Centralia
98531
Iron St
522
W123° 2' 41.3''
N46° 43' 17.2''
N
Additional Information
Dan Swanson
9281
1006796
29,621 Sqft
45
Hillview Terrace Apartments
Centralia
3
Concrete,Masonry
83702
ID
Boise
999 W Main Street, Suite 100
Property Description

HILLVIEW TERRACE APARTMENTS at 522 N IRON ST, CENTRALIA, WA presents a lucrative investment opportunity with a current cap rate of 6.53%. Featuring a mix of studios, one-bedroom, and two-bedroom units, this value-add property offers ample parking and full sprinkler coverage. Situated in a desirable location and walking distance to many shops, restaurants, and more, HILLVIEW TERRACE APARTMENTS boasts the potential for increased revenue with just simple rent raises, and minor cosmetic improvements to an estimated 8.52% cap rate. The property’s well-maintained units and favorable unit mix make it an attractive choice for investors seeking steady returns. Don’t miss out on this chance to acquire a promising multi-family asset in Centralia. Explore the potential of HILLVIEW TERRACE APARTMENTS a

For Sale

522 Iron St, Centralia, Washington 98531

  • Square Footage: 23,641 Sqft
$3,150,000
Listing ID#699012
QR Code
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 699012
Price : $3,150,000
Square Footage : 23,641 Sqft
Year Built : 1926
Status : Active
Office Name : Kidder Mathews
Property Sub Type : Multi-family
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Kidder Mathews