$4,450,000
1100 S Pearl Street, Centralia, WA 98531
21,216 Sq Ft
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1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531
1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531 1100 S Pearl Street, Centralia, WA 98531

MLS #2493118 / Listing provided by NWMLS & Real Living Real Estate Group.

$4,450,000

1100 S Pearl Street
Centralia, WA 98531

Active 1 day ago
21,216
Sq Ft
$210
Per Sq Ft
1970
Year Built

Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Total Uncovered Parking Spaces: 36

Structure

  • Roof: Composition
  • Exterior Features: Wood Products

Lot Details

  • Lot Features: Community Golf Course
  • Acres: 1.24
Area Features

Schools

  • High School District: Centralia

Lot Details

  • Lot Features: Community Golf Course
  • Acres: 1.24
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer Company: Centralia
  • Sewer: Sewer Connected
  • Water Company: Centralia
  • Water, Sewer, and Garbage: 40706
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Julie Anderson

Julie Anderson
Broker | REALTOR®

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