Description
5.55% Cap Rate | The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is to copper. Ownership has made ongoing interior improvements, with select units featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is FULLY renovated.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
Listing information ©2025 Northwest MLS. Listing courtesy of Blake Investment Advisors.
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Description
5.55% Cap Rate | The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is to copper. Ownership has made ongoing interior improvements, with select units featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is FULLY renovated.
Related Properties
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