1200 8th Ave - Apartments FOR SALE


Othello, WA 99344
$15,400,000 USD
509-760-8137
1200 8th Ave, Othello, WA for Sale
$15,400,000 USD
Apartments - FOR SALE
1/71
null | 5.19% Cap Rate

1200 8th Ave
Othello, WA 99344


HIGHLIGHTS

  • Multi Family Tax Exemption
  • Granite, Quartz counters
  • Beautiful Landscaping and great patio space

OVERVIEW

Attention investors! Seize this rare chance to own a stunning, brand-new 48-unit multifamily building with office and garage, spanning 43,360 sq ft in beautiful Othello! Enjoy lush landscaping, basketball hoops, and Multi Family Tax Exemption benefits. Each unit features elegant laminate floors, sleek quartz countertops, and spacious patios. Professional property management already in place for hassle-free ownership. Act now—this unique investment!

FOR SALE DETAILS

PRICE

$15,400,000 USD

PRICE/SF

$348 USD /SF

# OF UNITS

48

PRICE/UNIT

$320,833

CAP RATE

5.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sandhill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.14 AC

LAND SF

441,698 SF

ZONING

R4

APN/PARCEL ID

1529030682661

ASK ABOUT THIS PROPERTY

Jessie DominguezImagine Realty GroupMore Info
509-760-8137

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Jessie DominguezImagine Realty GroupMore Info
509-760-8137

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