711 W Pine Street, Shelton, WA 98584 | MLS 1694576 | Listing Information | Ashley DuVall | Van Dorm Realty, Inc.
Ashley DuVall
Pending
$2,595,000

711 W Pine Street
Shelton, WA 98584

Multi-Family
Residence
26,290
Sq. Ft.
0.42
Acre Lot
1of
Photos
Map
Courtesy: Westlake Associates, Inc.
The property is a 33 unit Value Add Opportunity located in Shelton, Washington. The apartments are priced well below replacement cost in a market that is running above 98% occupancy. In place 6.24% cap rate, with attractive debt options starting in the low/mid 3% range. Exterior paint and landscaping provide for value add opportunity. Ability to remodel units and push rents. Charming apartment community in downtown Shelton location with long term stable tenant base.
1694576
Multi-Family, 2 Story
Mason
1935
0.42 Acres
2
Wood
Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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