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1016 1024 SE Latah Street

Pullman, WA 99163
  • $2,900,000
  • STATUS: Pending
  • ON SITE: 59 Days
  • ID#: 2030353
Under Contract
UPDATED: 28 min ago
$2,900,000
  • 0
    BEDS
  • 1.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,000
    SQFT
  • $132
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Ratings & Info

School District:
Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Westlake Associates, Inc.. Sold by .

Description

The Latah Apartments and Mini Storage is a 24-unit apartment property with 60 additional mini storage units built in 1985. This apartment community is located across from the WSU campus. All (24) units are a 2 bed1 bath unit mix about 736 sf in size. The apartments were completely remodeled in 2011/2012 featuring hardwood floors, new windows, paint, and hardware. The apartments come with dishwashers. Both bedrooms in each apartment are identical in size. On-site laundry facilities and plenty of off-street parking. Property presents an investor with the opportunity to own a turn-key asset with the ability to raise rents to current market levels without remodel. The current in place rents are below market based on recent rental surveys.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-26T14:14:19.433. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-26T14:14:19.433. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.nwhomeexperts.com/homes/136447955
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1016 1024 SE Latah Street Pullman, WA 99163

  • Price: $2,900,000
  • Status: Pending
  • On Site: 59 Days
  • Updated: 28 min ago
  • ID#: 2030353
0
Beds
0
Baths
0
½ Baths
1.02
Acres
22,000
SQFT
$132
$/SQFT
1985
Built
Neighborhood:
Pullman
County:
Whitman
Area:
Whitman County
School District:
Pullman
Property Description
The Latah Apartments and Mini Storage is a 24-unit apartment property with 60 additional mini storage units built in 1985. This apartment community is located across from the WSU campus. All (24) units are a 2 bed1 bath unit mix about 736 sf in size. The apartments were completely remodeled in 2011/2012 featuring hardwood floors, new windows, paint, and hardware. The apartments come with dishwashers. Both bedrooms in each apartment are identical in size. On-site laundry facilities and plenty of off-street parking. Property presents an investor with the opportunity to own a turn-key asset with the ability to raise rents to current market levels without remodel. The current in place rents are below market based on recent rental surveys.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Products Lot Features PavedSidewalk Open Parking Spaces 48 Open Parking YN Yes Parking Total 48 Parking Uncovered Spaces 48 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Building Area Total 22000 Cooling YN Yes Fireplace YN No Furnished Unfurnished Heating YN Yes Interior Features Forced Air Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op LaundryStorage Cumulative Days On Market 41 Energy Source Electric First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash Out Net Operating Income 161257 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 26689 Tax Year 2022 Units In Building Total 24 Zoning Class Multi-Family Zoning Jurisdiction County



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-26T14:14:19.433. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-03-26T14:14:19.433. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Northwest MLS logoListing information ©2023 Northwest MLS. Listing courtesy of Westlake Associates, Inc.. Sold by .