About this home

Westwind is not a traditional apartment building. The property includes 13 established residential condominium units currently operated together as a rental investment, along with separately condominiumized garages and parking interests. This structure creates a unique combination of current income and long-term exit flexibility. Several units have had limited rent adjustments over time, providing opportunity to increase revenue and NOI as rents move toward market levels. Continue operating as a rental portfolio, improve units and income, or potentially sell individual condominium interests over time. Seller-owned future air rights and Downtown Mixed Residential zoning add further flexibility. Directly across from Don Morse Memorial Park and walking distance to Lake Chelan, marina, dining, shopping and recreation.

Exterior features

Cement/Concrete

Property details

Heating: Baseboard, Ductless, See Remarks, Wall Furnace
Cooling: Ductless, See Remarks
Water source: Public
Sewer: Sewer Connected

Estimate your monthly payment

$9,860/mo

Principal & interest: $9,860

Down payment (20%) $390,000 Interest rate (%) Loan term (years)

Loan amount $1,560,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Chelan, WA 98816

Approximate location. Contact us to confirm the exact address.

Listing courtesy of KW Frontline— Russ McClellan.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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