Kings Gate and King James

3707 E 18th Street, Vancouver, Washington 98661

$14,000,000

Status:
Available
County:
Clark
Units:
80
Year Built:
1970
Unit Price:
$175,000
Land Size:
4.93 Acres
Building Size:
73,119 sq. ft.
Price per SF:
$191
CAP Rate:
5.70%
Unit Mix:

Eighty (80) units consisting of 80 2-bed 1-bath flats, including 16 with garages.

Floors:
1
Open Parking:
Yes
WD in unit:
Yes
On Site Manager:
Yes
Covered Parking:
Yes
Garages:
16
Siding:
Wood
Roof Type:
Composite
Heat Type:
Electric
Pool:
Seasonal outdoor
Patio Deck:
Yes
Property Photo

This two-property portfolio consists of adjacent apartment communities with combined management. Both properties are low-density garden court apartments. All apartments are two-bedrooms. The King James portion consists of one-story plex buildings with either attached garages or carports. Each unit has a separate entrance. The Kings Gate portion totals 54 apartments with a seasonal outdoor pool. 

All units include a washer/dryer. Since 2016 more than $445,000 has been invested in exterior paint, siding and interior updates.  

80
Units
1970
Year Built
73,119
SQ. FT.

Property Location