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1250 NW State St 6 Unit Apartment Building $614,000 ($102,333/Unit) 7.16% Cap Rate Pullman, WA 99163
Investment Highlights
- New roof
- No vacancies
- Covered parking
- Possible portfolio opportunity
Executive Summary
Previously Listed with 237 NW Timothy as a package, this amazing 6 plex on a corner lot is now offered alone for a fraction of the total price. 1250 NW State is on the corner of Timothy St and State St built in 1971 featuring 5616 sq ft with each unit having 2 beds & 1 bath, electric heat, fireplace & access to shared on site-laundry room, & covered parking for each unit with storage.
Current rents are $940 per unit, NO VACANCIES! Reach out for more information on this investment opportunity. This property is still offered as a package with 237 NW Timothy for a reasonable purchase price!
Current rents are $940 per unit, NO VACANCIES! Reach out for more information on this investment opportunity. This property is still offered as a package with 237 NW Timothy for a reasonable purchase price!
Property Facts
| Price | $614,000 | Apartment Style | Low-Rise |
| Price Per Unit | $102,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 7.16% | Building Size | 5,616 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment |
| Price | $614,000 |
| Price Per Unit | $102,333 |
| Sale Type | Investment |
| Cap Rate | 7.16% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,616 SF |
| No. Stories | 2 |
| Year Built | 1971 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Property Taxes
| Parcel Number | 109450001020000 | Improvements Assessment | $471,746 |
| Land Assessment | $102,900 | Total Assessment | $574,646 |
Property Taxes
Parcel Number
109450001020000
Land Assessment
$102,900
Improvements Assessment
$471,746
Total Assessment
$574,646
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1250 NW State St
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