210 SW 13th St Unit #1-17, Chehalis, WA 98532
Adjacent to Penny Playground, The Penny Apartments features 16 units – 8 two bed/1 bath Garden Style and 8 2 bed/1.5 bath Townhome style units. The units are all turn-key, renovated to market standards, and professionally managed by local PM, TJ Guyer. Storage units on site for additional income potential, coin operated laundry and RUBS already in place providing the additional monthly income on top of base rents. Huge market demand for quality rental units and growing rental rates. Current rents $100/month below Pro Forma. Very low maintenance with modern electrical and plumbing. Well maintained and professionally operated. Zero delinquency with perfect collections history and ultra low vacancy sub 5%. Upside in rents and storage income.
Broker: Ross Hubbard
Office: The Paragon Group
Property Details
SOLD: $2,150,000
Address: 210 SW 13th St
City: Chehalis
State: WA
Zip: 98532
MLS#: 1767735
Baths: n/a
Square Feet: 11054
Garage: n/a
Year Built: 1975
Status: Sold