Michael Durham

Great investment with long term tenants. Large unit # 7 ideal for owner occupied/currently vacant. Easy to rent with low vacancy rate and near school, college, shopping, entertainment, water front, bus line. 3 units are studio, 2 units are 2 bedroom, 4 units are 1 bedroom. Please see Form 17 for parking arrangement details-4 spots are shared with neighbor on Wednesday and Sunday. Cash out or owner contract preferred

A 7-unit apartment building with a strong rental history. This building features three 2-bedroom units and four 1-bedroom units, offering a variety of living spaces. Additionally, it includes a garage that can be utilized as a shop or for storage, generating additional income. Conveniently located close to a bus line and shopping areas, the property ensures easy access to essential amenities. Rents are currently below market value, presenting a significant opportunity for potential increases, making it an attractive investment for those looking to maximize their returns.

Great Rental Income on this mostly RENOVATED 14 Unit Complex PLUS SFR w/ basement.. All are 2 Bedroom 1 Bath Apartment Homes in Woodland, WA! Kitchens have all modern finishes, updated vinyl wood flooring throughout and newer appliances! 9 units have in-unit laundry. Rents are below market value. 4 Tax Parcels. Onsite coin-op laundry. Ample Parking.

This property comprises 12 two-bedroom, one-bath units, split between an 8-unit building and a 4-unit building on two tax parcels. Current rents are below market value, providing excellent potential for increased income with some like units already collecting $1275. The pro forma cap rate is estimated to exceed 10%!! with just some minor upgrades. It is conveniently located near public transit and shopping centers, enhancing tenant appeal. Additionally, its proximity to ocean beaches and Grays Harbor College adds to its attractiveness for potential renters. This is a prime opportunity for all investors to add to their portfolio.

Michael Durham

About Michael Durham

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Recent property sales & transaction history

4 properties

Hoquiam

Family Home, Apartment

$450,000 to $1,250,000

6,500 ft² to 10,900 ft²

Properties for sale by listing agent Michael Durham

$575,000

$1,199,000

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Michael Durham

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