Kellogg Park Apartments

1940 33rd Avenue, Longview, Washington 98632

$2,500,000

Status:
Available
County:
Cowlitz
Units:
39
Year Built:
1970
Unit Price:
$64,103
Building Size:
35,000 sq. ft.
Price per SF:
$71
CAP Rate:
7.34%
Unit Mix:

Three two-story garden-style buildings with 39 units, consisting of twenty-two (22) 2-bed 1-bath and thirteen (13) 2-bed 1.5 bath units.

Floors:
2
Open Parking:
Yes
Laundry Room:
Three
CoverParking:
24 spaces
Roof Type:
Pitched Comp
Heat Type:
Electric
Property Photo

Kellogg Park is a proven value-add opportunity located just two minutes from downtown Longview, Washington. The current ownership has been updating units on turnover, resulting in lease rate increases. Approximately 18 percent of the units have been upgraded. The property is a ten-minute walk from Fred Meyer, Safeway, and numerous other retailers.

39
Units
1970
Year Built
35,000
SQ. FT.

Property Location