request_info_guest false

Garden Terrace Apartments

$1,100,000

319 S Tonasket Ave, Tonasket, WA 98855

Active
Last Updated: 11/20/2025

5.4

Cap Rate

59,925

NOI

Details:
Cap Rate:    5.4%
NOI:    $59,925
Building Size:    6,920 sqft
Lot Area:    0.402 acres
Units:    11
Year Built:    1967
Zoning:    Office
MlsNumber:    2432908
Floors:    3
Parking Spots:    11
Highlights:
  • Annual Tax: $ 4072.0
  • Gross Income: $ 106200.0
  • Appliances: Range / Oven
  • Views: Ocean
  • Roof: Composition Shingle
  • Exterior Description: Wood Siding
  • Flooring: Marble
  • Age: Over 50 Years Old
  • Lot Size: Under 1/2 Acre
  • Cooling: Window A/C
  • Sewer: City
  • Water: City Water
Description:

From Junction gas station in Tonasket Turn right on 4th street property is on the left.

Well cared for 11-unit apartment complex in Tonasket. The property has recently been given a fresh coat of exterior paint, giving it a clean look from the street. Inside, most units have been updated over time, while each apartment includes its own window A/C unit to keep tenants comfortable during the summer months. The complex shows pride of ownership with consistent maintenance, making it an easy property to step into and manage. It offers reliable rental income today with room for future improvements if a new owner chooses. Multi-unit opportunities like this are not often available in the Tonasket area, making this a solid investment with both stability and potential.


Report Listing This listing was syndicated through:

Listing ID: 7fd9be8b-8f28-4b9a-8fc5-6390b8d9278a
Map:
Location
Gallery