17911 W Big Lake Boulevard, Mount Vernon, WA 98274
- $1,845,000
- 10,742
- SqFt
Listing courtesy of Keller Williams Western Realty. Selling Office: Realty One Group Enterprise.
- Sold Price
- $1,845,000
- List Price
- $1,875,000
- Status
- SOLD
- MLS#
- 1617656
- Closing Date
- Oct 02, 2020
- Days on Market
- 29
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 10,742
- Area Total SqFt
- 10742
- Annual Tax Ammount
- 13100
- Lot Size (sq ft)
- 74,631
- Sewer
- Sewer Connected
Property Description
13 Unit Multi Family Property with 3 year round RV spots always 100% occupied the units consist of Studios (2) rents on those are $800-850 per month 1 bedrooms (7) $800 to $1200 & 2 bedroom (4) $1125 to $1200 the RV spots (3) $525 to $625 there is common coin opp laundry for all residents, access to the beach & no bank waterfront for tenants exclusive! enjoyment tenants (excluding) the RV spaces pay their Electric bill the rents include all other utilities water/sewer/garbage Cap Rate 6.03%
Additional Information
- List Date
- 2020-09-03 00:00:00
- Community
- Mount Vernon
- Net Operating Income
- $113,129
- Gross Adjusted Income
- $113,129
- Gross Scheduled Income
- $176,400
- Total Monthly Income
- $14,700
- Insurance Expenses
- $4,822
- Water/Sewer/Garbage Expenses
- $24,853
- Gross Rent Multiplier
- 10
- Total Expenses
- $63,271
- Cap Rate
- 6.03
- Total Number of Units
- 16
- Unit Name
- 17911
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1920
- Waterfront
- Yes
- View
- Lake, Mountain(s), Territorial
- Roof
- Torch Down
- Site Features
- Cable TV, Fenced-Partially, RV Parking
- Electric Expenses
- 4452
- Other Expenses
- 16044
- School District
- Sedro Woolley
- Elementary School
- Big Lake Elem
- Middle School
- Cascade Mid
- High School
- Sedro Woolley Snr Hi
- Total Monthly Income
- $14,700
- Gross Scheduled Income
- $176,400
- Gross Adjusted Income
- $113,129
- Tax Year
- 2020
- Insurance Expense
- $4,822
- W/S/G Expenses
- $24,853
- Total Expenses
- $63,271
- Net Operating Income
- $113,129
- Gross Rent Multiplier
- 10
- Cap Rate
- 6.03
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