Attention investors! This high performing 9-unit apartment complex near downtown Chehalis is the perfect property to add to your portfolio! Current rents are at $5250/month with pro-forma rents at $5725 (giving you a 8.05% cap rate). Well maintained property featuring ornate common areas, (2) 1-bedroom & 1 BA units, (5) studio apartments with 1 BA and (2) studio apartments that share 1 BA. All units have full kitchens. 3 units on each floor plus W/D hookups and storage lockers in basement.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
