The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in over $11,000 in rents per month. Additional income from coin-op laundry too. ***That's a 10.3% NET CAP RATE & 7.87 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every unit is separately metered. Additional benefits include garage for on-site storage and large basement where laundry and more storage is located. One of the tenants is an on-site groundskeeper who does upkeep of property and cleans units for new tenants at time of move out. He does all this for slightly reduced rent and would like to continue for the new owners. Huge benefit in this!! Central location gives tenants walking accessibility to healthcare, grocery stores, restaurants and entertainment. Financials and leases available upon request. 48-hour minimum notice for showings. Do not disturb tenants.
Our specialties include luxury homes, relocations, estate sales, and investment properties. With nearly 100 dedicated professionals across six offices in North Central Washington—Chelan, Goldendale, Oroville, Wenatchee, Winthrop, and Yakima—we offer unmatched local expertise and a powerful network to guide clients through every step of the real estate process. Backed by over 40 years of proven success and industry recognition, we deliver service rooted in integrity, excellence, and innovation.
Contact Us135 N Mission Street Wenatchee WA 98801
