24 CIELO CIRCLE BREWSTER-WAKEFIELD WA 98812

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24 CIELO CIRCLE BREWSTER-WAKEFIELD WA 98812

Brewster-Wakefield, WA 98812
Asking Price
$600K
Asset Type
Multifamily
Class
Class B

What's Special

Located at 24 Cielo Circle in the Brewster-Wakefield area of Washington, this multifamily property sits within a quiet residential pocket of Okanogan County. The neighborhood is characterized by its proximity to the Columbia River and the region's agricultural hubs. Essential amenities, including local grocery stores, community schools, and healthcare facilities, are situated within a short drive in the Brewster city center. The location offers straightforward access to Highway 97, serving as the primary transportation artery connecting the property to neighboring Wenatchee and the Canadian border. The asset is structured for long-term residential use, positioning it as a stable housing option for the local workforce. Ideal tenant profiles include individuals employed in the regional fruit industry, healthcare professionals at nearby clinics, and small families seeking proximity to rural recreation areas. Given the area's limited rental inventory, the property is well-suited for an investor looking to capture demand from the local labor pool. The site provides a functional environment for residents who prioritize a residential setting with reliable highway connectivity.

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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.66%
Monthly Payment
$2,968.225
Annual Cash Flow
$44,381.297

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