210 N 15th Street, Mount Vernon, WA 98273
- $5,600,000
Listing courtesy of Windermere RE Skagit Valley. Selling Office: Capstone Commercial.
- Sold Price
- $5,600,000
- List Price
- $5,818,000
- Status
- SOLD
- MLS#
- 2532009
- Closing Date
- Sep 11, 2026
- Days on Market
- 12
- Style
- 56 - 10+ Units
- Building Condition
- Average
- Annual Tax Ammount
- 50038
- Lot Size (sq ft)
- 100,188
- Sewer
- Sewer Connected
Property Description
Rent roll provided upon receipt of NDA. Villorbra consists of 33 units located on the Hill, out of the flood plain. Close proximity to medical , elementary, high school, Skagit Valley College, county and city agencies and retail. Located 60 miles north of Seattle and 70 miles south of Vancouver, BC. It is the largest city in Skagit County. The complex is comprised of 13-1 bed, 1 bath. 15 - 2 bed, 2 baths. 5 - 5 2 bed, 2 bath. 3- garages. Built from 1972-1974 These units are well-maintained with storage areas in the kitchen and hallway. Units are updated on a continual basis and vacancy averages 0-5%.
Additional Information
- List Date
- 2026-08-30 00:00:00
- Community
- Mt Vernon Hill
- Net Operating Income
- $349,115
- Gross Adjusted Income
- $522,341
- Gross Scheduled Income
- $522,341
- Total Monthly Income
- $522,341
- Insurance Expenses
- $14,252
- Water/Sewer/Garbage Expenses
- $55,558
- Gross Rent Multiplier
- 11.14
- Total Expenses
- $173,226
- Cap Rate
- 6
- Unit Name
- 210
- Potential Terms
- Conventional
- Year Built
- 1973
- Roof
- Composition
- Electric Expenses
- 6234
- Other Expenses
- 47144
- Energy Source
- Electric
- School District
- Mount Vernon
- Total Monthly Income
- $522,341
- Gross Scheduled Income
- $522,341
- Gross Adjusted Income
- $522,341
- Tax Year
- 2025
- Insurance Expense
- $14,252
- W/S/G Expenses
- $55,558
- Total Expenses
- $173,226
- Net Operating Income
- $349,115
- Gross Rent Multiplier
- 11.14
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.