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237 NW Timothy St 12 Unit Apartment Building $1,200,000 ($100,000/Unit) 7.30% Cap Rate Pullman, WA 99163
Executive Summary
237 NW Timothy is a 12-plex built in 1971 featuring 11,232 sq ft with each unit having 2 beds & 1 bath, electric heat, access to on site laundry room, patios & decks, & covered parking with storage. Being offered as a package with 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 in 2019 and new water line. Current rents are $940, NO VACANCIES! Reach out for more information on this solid investment opportunity. This property is still being offered as a package along with 1250 NW State Street for a reasonable offer.
Property Facts
| Price | $1,200,000 | Apartment Style | Garden |
| Price Per Unit | $100,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.52 AC |
| Cap Rate | 7.30% | Building Size | 11,232 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Price | $1,200,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 11,232 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Property Taxes
| Parcel Number | 109450001040000 | Improvements Assessment | $1,079,950 |
| Land Assessment | $165,000 | Total Assessment | $1,244,950 |
Property Taxes
Parcel Number
109450001040000
Land Assessment
$165,000
Improvements Assessment
$1,079,950
Total Assessment
$1,244,950
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237 NW Timothy St
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