440 Main Ave S

    North Bend, WA 98045
    • $4,475,000
    • STATUS: Pending Feasibility
    • ON SITE: 229 days
    • ID#: 1228834
    Under Contract
    $4,475,000
    • 0
      BEDS
    • 0.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,855
      SQFT
    • $265
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Coldwell Banker Koetje R.E..

    Description

    Cascade Park is a 28 unit senior housing complex in a beautiful community setting. This 2-story elevator serviced garden style apartment building has 27 1bedrm/1bath and 1 2bedrm/1bath units. Amenities include a lobby, an office, community rooms, common bathroom, maintenance rooms, tenant storage room, coin-op laundry, nice landscaping, and a large paved parking lot. Building meticulously maintained by the owners. Easy access to employment centers, shopping, and restaurants in North Bend.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Robert Ott Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-16T00:18:49.05.

    www.robertott.net/homes/79596281

    440 Main Ave S North Bend, WA 98045

    • Price: $4,475,000
    • Status: Pending Feasibility
    • ID#: 1228834
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.8
    Acres
    16,855
    SQFT
    $265
    $/SQFT
    1987
    Built
    Neighborhood:
    North Fall City
    County:
    King
    Area:
    Sammamish,Fall City,N.Bend,Fall Cty,Snoq
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Snoqualmie Valley
    Property Description
    Cascade Park is a 28 unit senior housing complex in a beautiful community setting. This 2-story elevator serviced garden style apartment building has 27 1bedrm/1bath and 1 2bedrm/1bath units. Amenities include a lobby, an office, community rooms, common bathroom, maintenance rooms, tenant storage room, coin-op laundry, nice landscaping, and a large paved parking lot. Building meticulously maintained by the owners. Easy access to employment centers, shopping, and restaurants in North Bend.
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior Metal/Vinyl Foundation Poured ConcreteSlab Garage Spaces 0 Lot Details Corner LotPaved StreetSidewalk Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 29 Uncovered Spaces 29

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 740 Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 597 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 597 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 597 Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 597 Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 597 Units Below Grade N

    Property Features

    Amenities Coin Op LaundryElevatorThermal Windows Bank Owned No Cap Rate 1.08 Electrical Expenses 8616 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 236423 Gross Rent Multiplier 19 Gross Scheduled Income 234648 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 5381 Leased Items None Lot Number 8 - 11 Net Operating Income 32018 New Construction YN No Other Expenses 122108 Possession Sub. Tenant's Rights Power Company Puget Sound Energy Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of North Bend Site Features Cable TVDisabled AccessHigh Speed Internet Tax Amount 15911 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 187928 Total Expenses TEX 187928 Total Monthly Income 19887 Unit1 Monthly Rent 0 Unit2 Monthly Rent 695 Unit3 Monthly Rent 695 Unit4 Monthly Rent 705 Unit5 Monthly Rent 880 Unit6 Monthly Rent 705 Vacancy Rate 1 Water Company City Of North Bend Water Sewer Garbage 35912 Water Source Public

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Robert Ott Group | Compass and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Robert Ott Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-08-16T00:18:49.05.

     
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    Listing Courtesy of Coldwell Banker Koetje R.E..