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18 Unit Multi-Family Sale 2 Multifamily Properties Offered at $1,815,000 in Pullman, WA
INVESTMENT HIGHLIGHTS
- Near Washington State University
- New roof, water line, appliances & flooring
- No vacancies -- 100% occupancy
- 2 legal descriptions
EXECUTIVE SUMMARY
This one of kind real estate portfolio is now available. There are 18 total units, each being a 2 bed & 1 bath. 1250 NW State is on the corner of Timothy St and State St and is a 6 plex built in 1971 featuring 5616 sq ft with each unit having 2 beds & 1 baths, electric heat & access to 1 on site-laundry room, & covered parking. Adjacent is 237 NW Timothy which is a 12-plex built in 1971 featuring 11,232 sq ft with each unit having 2 beds & 1 bath, electric heat, access to 2 on site laundry rooms, patios & decks, & covered parking. Each property is on a separate legal description. Interior photos are of a representative unit. Recent capital improvements include new flooring & appliances in many of the units, a new roof and new water line for 237 NW Timothy. Current rents is 940 per unit. There are no vacancies. Reach out for more information on this investment opportunity.
PROPERTY FACTS
| Price | $1,815,000 | Number of Properties | 2 |
| Price / SF | $107.73 / SF | Individually For Sale | 0 |
| Cap Rate | 6.89% | Total Building Size | 16,848 SF |
| Sale Type | Investment | Total Land Area | 0.75 AC |
| Status | Active |
| Price | $1,815,000 |
| Price / SF | $107.73 / SF |
| Cap Rate | 6.89% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,848 SF |
| Total Land Area | 0.75 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 237 NW Timothy St, Pullman, WA 99163 | Multifamily | 11,232 SF | 1970 | - |
| 1250 NW State St, Pullman, WA 99163 | Multifamily | 5,616 SF | 1971 | - |
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18 Unit Multi-Family Sale
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