1311 W Shoshone St - Apartments FOR SALE


Pasco, WA 99301
$1,325,000 USD
509-531-2361
1311 W Shoshone St, Pasco, WA for Sale
$1,325,000 USD
Apartments - FOR SALE
1/5
null | 7.24% Cap Rate

1311 W Shoshone St
Pasco, WA 99301


HIGHLIGHTS

  • The sale includes a +/- 0.39 acre lot, 9 multifamily units spread across three buildings, and a detached two-car garage.
  • All units have washer and dryer hook-ups and come with a fridge and range oven provided by landlord.

OVERVIEW

Excellent opportunity to invest in one of the nation's fastest-growing markets: Tri-Cities, Washington. High job growth and strong rental demand. The sale includes 9 units on 0.39 acres and all associated improvements. Eight of the units are 1b / 1b, and one unit is 3b / 1b with a detached garage. Total rents are $11,210 per month and total water/sewer/insurance reimbursements are $1,237 per month. Each unit has its own electrical meter paid directly by tenants. Building 1311 has a brand new roof. The other roofs were replaced in 2016. The units have PEX / ABS plumbing, vinyl windows, and newer HVAC units. Cap rate is 7.2%. Contact your agent for a full Rent Roll and more details. Showings are allowed after an accepted offer. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

9

PRICE/UNIT

$147,222

CAP RATE

7.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Granite Nine

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

R-2

APN/PARCEL ID

112-242-190

ASK ABOUT THIS PROPERTY

Tracy LybbertLybbert Fielding Real EstateMore Info
509-531-2361

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Tracy LybbertLybbert Fielding Real EstateMore Info
509-531-2361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.