Multifamily
Discovery Shores
1031 Discovery Ave SE, Ocean Shores, WA 98569
Listing Price: $2,900,000
Investment Overview
At a price of $2,900,000, Discovery Shores offers great value metrics at
$111,538 per unit and $191 per square foot. The manageable size,
accessible entry point, and stable operations make Discovery Shores well
suited for both first-time multifamily investors and experienced operators
seeking dependable cash flow with long-term appreciation potential.
Discovery Shores
Investment Highlights
- Low cost, high yield opportunity. $111,000 per unit and just under a 7% cap rate make Discovery Shores a great value deal.
- Recent capex make Discovery Shores an easy to enter opportunity with upside potential.
- Supply shortages make Ocean Shores a stable investment due to a lack of new unit construction.
Exclusively Listed By
Listing Price: $2,900,000
Investment Highlights
- Low cost, high yield opportunity. $111,000 per unit and just under a 7% cap rate make Discovery Shores a great value deal.
- Recent capex make Discovery Shores an easy to enter opportunity with upside potential.
- Supply shortages make Ocean Shores a stable investment due to a lack of new unit construction.
Investment Overview
At a price of $2,900,000, Discovery Shores offers great value metrics at $111,538 per unit and $191 per square foot. The manageable size, accessible entry point, and stable operations make Discovery Shores well suited for both first-time multifamily investors and experienced operators seeking dependable cash flow with long-term appreciation potential.
Exclusively Listed By
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