Vancouver, Wa 2 x 4 plex AMAZING LOCATION HUGE UPSIDE UNDERVALUED

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Vancouver, Wa 2 x 4 plex AMAZING LOCATION HUGE UPSIDE UNDERVALUED

Rental Property Investor · Vancouver, WA · Member since 2015 · 112 posts · 142 votes

These are 2 four plexes that are a block away from Ft. Vancouver and less than a half a mile to I5. Great news- you could buy one or both but either way it would be a residential vs a commercial loan. LOWER Interest, less down. The units are dated but should at least be renting for 50-150 more per unit. Asking on these is right near 100k per unit. It is a 7 cap NOW  with huge upside when the market has it at a 5.35 cap rate and 170k per unit. Even dated units are going for 130k per unit. Lets GO!!-        

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Rental Property Investor · Tacoma, WA · Member since 2018 · 244 posts · 140 votes
8y

Hi Paige, 

Do you have any pictures of these properties in Vancouver? Are you the owner or broker? Feel free to contact me at 3602506965 or by email at [email protected]

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  • Rental Property Investor · Tacoma, WA · Member since 2018 · 244 posts · 140 votes
    8y

    Hi Paige, 

    Do you have any pictures of these properties in Vancouver? Are you the owner or broker? Feel free to contact me at 3602506965 or by email at [email protected]

  • Property Manager · Bend, OR · Member since 2018 · 14 posts · 4 votes
    7y

    @Paige Kelsey are these still available? 

  • Seattle, WA · Member since 2017 · 73 posts · 13 votes
    7y

    Looks like this was sold 11/30/2018 for $390k:

    https://www.zillow.com/homedetails/2000-E-6th-St-Vancouver-WA-98661/23236438_zpid/

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