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Listings/2233 Roosevelt Avenue

2233 Roosevelt Avenue

Sale Price: $1,200,000

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Sale Summary

Neglect had led to multiple unrentable units. To find the best off-market buyer, we targeted experienced Enumclaw buyers with renovation and construction expertise. Eventually, we successfully addressed the owners’ concerns, secured a contract, and had confidence in Keystone Investment Group’s ability to handle the transaction despite deferred maintenance. The sale details include a sales price of $1.2 million, $120,000 per unit, and $154 per net square foot, with a 3.0% cap rate.

Property Details

ADDRESS
2233 Roosevelt Ave
City, state
Enumclaw, WA
Units
10

Sale Details

Sale date
January 19, 2021
sale price
$1,200,000
price per unit
$120,000

Location

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2233 Roosevelt Avenue

2233 Roosevelt Avenue
Enumclaw, WA 98022
Units: 10
Price: $1,200,000

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