621 7th Street, Hoquiam, WA 98550

Listing Broker: Westlake Associates, Inc.; Reid Jones; 206-505-9401; reid@westlakeassociates.com

$3,150,000
33,600
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,150,000
Status
ACTIVE
MLS#
2602048
Style
56 - 10+ Units
Finished SqFt
33,600
Area Total SqFt
33600
Annual Tax Ammount
25165
Lot Size (sq ft)
56,192
Sewer
Sewer Connected

Property Description

Sunnyside Sands Apartments is a well-maintained 40-unit garden-style community built in 1965 in Hoquiam. Offering two-bed and one-bed unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $173,000 in recent capital improvements.

Additional Information

Community
Hoquiam
Net Operating Income
$278,840
Gross Adjusted Income
$498,773
Gross Scheduled Income
$517,140
Total Monthly Income
$43,995
Insurance Expenses
$40,218
Water/Sewer/Garbage Expenses
$82,412
Gross Rent Multiplier
6.09
Total Expenses
$219,933
Cap Rate
8.85
Vacancy Rate
5
Total Number of Units
40
Unit Name
621
Potential Terms
Cash, Conventional
Year Built
1975
Roof
Composition
Other Expenses
72138
Energy Source
Electric
School District
Hoquiam
Total Monthly Income
$43,995
Gross Scheduled Income
$517,140
Vacancy Rate
5
Gross Adjusted Income
$498,773
Tax Year
2026
Insurance Expense
$40,218
W/S/G Expenses
$82,412
Total Expenses
$219,933
Net Operating Income
$278,840
Gross Rent Multiplier
6.09
Cap Rate
8.85
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

How much is your WA home worth?

...get an instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks