** The Pine Terrace Apartments is nestled in the quaint Cascade Mountain town of Cle Elum, WA. Conveniently situated within walking distance of schools, downtown shopping, parks, restaurants, walking trails, grocery store and the Farmers market. Also, close to Suncadia, Swiftwater fitness, and much more. Site has nice picnic areas, play areas, wooded grounds, community garden and laundry room. Units enjoy private deck/patio and storage room off every unit. 28 open off-street parking are more than ample to accommodate all tenants.
This 20 unit apartment complex is presently operated as an affordable housing complex with some subsidized units. The mortgage is currently held by USDA. The sellers are in the process of converting the property to a market rate community.
Building was constructed in 1983 and has been and is being meticulously maintained with renovations through the years.