1680 Methow StWenatchee, WA 98801

Property Details for 1680 Methow St

Year built

2022

Lot size

0.39 AC

Property size (Sq ft)

6,843 SF

Property type

Apartment buildings

APN

222015420300

APU

222015420300

Description

This exceptional investment opportunity presents seven newly constructed townhomes in Wenatchee, WA. Located at 1680 S Methow St, this 2-story building boasts a total of 6,843 square feet on a 0.39-acre lot. Built and renovated in 2022, the property is zoned for multi-family residential use and features seven individual units, each offering 1,333 square feet of living space. Each unit includes two bedrooms, two bathrooms, a garage, and a private outdoor patio. The property offers a total of two parking spaces. The asking price for this turnkey investment is $2,950,000. This property represents a rare opportunity to acquire a complete, high-quality multifamily portfolio in a desirable location. The individual units are designed for luxury living, ensuring strong rental demand and potential for significant return on investment. The property's modern construction and prime location in Wenatchee, Chelan County, WA (zip code 98801), combine to create a compelling investment proposition. The APN is 222015420300. This is an ideal opportunity for investors seeking a stable and profitable real estate venture.

• CAP approach

  CAP return

  Valuation

  6%

  $2,034,640

  6.5%

  $1,878,130

  7%

  $1,743,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,062,590

  Geo Method

  $1,707,030

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,197,530

  Retail / Commercial

  $1,596,020

  Mixed-Use / Specialty

  $1,555,930

  Hospitality / Lodging

  $1,096,740

  Office

  $1,510,850

  Institutional / Educational

  $1,605,240

  Multifamily

  $2,443,250

  Automotive / Energy

  $1,375,920

  Parking / Income-Based Land

  $508,803

  Restaurant / Food Service

  $735,826

  Healthcare / Senior Housing

  $1,630,850

Location Insight

City

Wenatchee

County

Chelan

State

Washington

Latitude

47.3988

Longitude

-120.309

CBSA code

48300

CBSA name

WENATCHEE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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