Assisted Living Home with Accessible Main
New
For Sale
$1,450,000
Vancouver, WA 98686, Vancouver, WA 98686
CommercialSale, Vancouver, WA
Property Size3,553 SF
Price / SF$408.11
Days on Market4
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
View
Territorial
Subdivision
_44
Standard status
Active
Size
3,553 SF
Taxes and HOA fees
Tax Annual Amount
5412
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
wheelchair-accessible
covered patio
concrete walkways
Building Details
Year built
2013
Building materials
Frame
Roof type
Composition
Listing Agency:
Great Western Real Estate Company
(360) 694-3355
Listed By:
Cornell Mann · License #911000262
(503) 939-7146
Added: Oct 12
Last Checked: Oct 15 at 12:06AM
MLS# 140155276
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Configured as an Adult Family Home, this 3,553-square-foot residence was built in 2013 and includes seven bedrooms across two levels. The wheelchair-accessible main floor has five bedrooms and an open living and dining area; the upper floor contains two more bedrooms and bathrooms. Frame construction, forced-air heat, central air, and a composition roof complete the building profile.
Recent work includes a covered patio, refreshed interior and exterior paint, new upper-level carpeting, an updated kitchen, and concrete paths around the home. The property is in Vancouver, Washington, ZIP code 98686. It is currently operating as an Adult Family Home, and visits are arranged by appointment.
Recent work includes a covered patio, refreshed interior and exterior paint, new upper-level carpeting, an updated kitchen, and concrete paths around the home. The property is in Vancouver, Washington, ZIP code 98686. It is currently operating as an Adult Family Home, and visits are arranged by appointment.
Key Highlights
- Currently operating as an Adult Family Home
- 3,553 square feet; built in 2013
- Seven bedrooms: five on the accessible main floor and two upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,213
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,260
$824.3K
Cap Rate 7%
$588,757
$588.8K
Cap Rate 9%
$457,922
$457.9K
Market Conditions
NOI Build-Up for 3,553 SF
Gross rent
$78.9K $22.20/SF
− Vacancy
−$3.9K −$1.11/SF
EGI
$74.9K $21.09/SF
− OpEx
−$33.7K −$9.49/SF
NOI
$41.2K $11.60/SF
Area
Vancouver, WA
Vacancy
5.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,260
Cap Rate 7%
$588,757
Cap Rate 9%
$457,922
Alternative Uses
Best Use
Apartment 5plus
$588.8K
$515.2K – $686.9K
NOI $41,213 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$869.3K
$760.7K – $1.01M
NOI $60,852 @ 7.0% cap · market cap 4.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 98686, WA
21,462
Population
8,348
Households
2.6
Avg Household Size
43
Median Age
37%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,834
Density / Sq Mi
$101,866
Median Household Income
$57,423
Median Earnings
$1,836
Median Rent
$546,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Assisted living facility - The two-level residence provides multiple sleeping rooms and has received several recent interior and exterior updates.
Where is this assisted living facility located?
The property is located at Vancouver, WA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Currently operating as an Adult Family Home; 3,553 square feet; built in 2013; Seven bedrooms: five on the accessible main floor and two upstairs
