Property Details
621 7th Street
Hoquiam, WA 98550
$3,500,000
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Property Overview
Sunnyside Sands Apartments is a well-maintained 40-unit garden-style community built in 1965 in Hoquiam. Offering two-bed and one-bed unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $173,000 in recent capital improvements.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Grays Harbor
Neighborhood
Hoquiam
Listed
May 15, 2026
Structure Type
Multi Family
Parcel Number
051804600400
Tax & HOA
Annual Property Tax
$25,165 (2026)
Est. Monthly Tax
$2,097/mo
Financial Summary
Cap Rate
7.06%
Net Operating Income
$246,928
Gross Scheduled Income
$488,510
Gross Rent Multiplier
7.28
Total Expenses
$217,532
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
33,600
Leasable Area
33,600 sqft
Total Units
40
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
1.29 acres
Year Built
1975
Exterior & Lot
Lot Size
1.29 sqft
Year Built
1975
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
From Hwy 101, take exit toward Hoquiam/Aberdeen and continue onto Simpson Ave. Proceed into downtown Hoquiam, turn right onto 7th St. Continue north and turn left onto L St. Site will be on the left.
Location
City
Hoquiam
County
Grays Harbor
Coordinates
46.97521, -123.88841
Additional Information
Tax Year
2026
Annual Taxes
$25,165
Possession
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