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Talsman Apartments 1118 Oakland St 42 Unit Apartment Building $4,500,000 ($107,143/Unit) 6.18% Cap Rate Cheney, WA 99004
PROPERTY FACTS
| Price | $4,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $107,143 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.28 AC |
| Cap Rate | 6.18% | Building Size | 54,856 SF |
| No. Units | 42 | Average Occupancy | 86% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1967 |
| Zoning | R-3 | ||
| Price | $4,500,000 |
| Price Per Unit | $107,143 |
| Sale Type | Investment |
| Cap Rate | 6.18% |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.28 AC |
| Building Size | 54,856 SF |
| Average Occupancy | 86% |
| No. Stories | 3 |
| Year Built | 1967 |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Heating
- Oven
- Range
- Carpet
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Laundry Service
- Smoke Free
- Maintenance on site
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | 675 |
| 2+1 | 30 | - | 825 |
| 3+1 | 1 | - | 1,000 |
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PROPERTY TAXES
| Parcel Number | 13123.0807 | Improvements Assessment | $4,044,200 |
| Land Assessment | $389,700 | Total Assessment | $4,433,900 |
PROPERTY TAXES
Parcel Number
13123.0807
Land Assessment
$389,700
Improvements Assessment
$4,044,200
Total Assessment
$4,433,900
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Talsman Apartments | 1118 Oakland St
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