124-132 W Shoshone St - Apartments FOR SALE


Pasco, WA 99301
$1,625,000 USD
509-494-3116
124-132 W Shoshone St, Pasco, WA for Sale
$1,625,000 USD
Apartments - FOR SALE
1/11
null | 7.4% Cap Rate

124-132 W Shoshone St
Pasco, WA 99301


HIGHLIGHTS

  • Turn-key property in one of the WA State's most desired markets, the Tri-Cities
  • Upwards of $350,000 in recent capital improvements
  • Strong in-place rents proving true rental demand
  • Attractive, above-market, in-place and market cap rates
  • Located in the Tri-Cities' fastest growing city of Pasco
  • Situated near major employers including Lourdes Hospital, Columbia Basin College, Amazon's Fulfillment Center, & more

OVERVIEW

Located in Pasco—the fastest-growing city in Washington’s highly sought-after Tri-Cities region—this turn-key property offers a prime investment opportunity. With upwards of $350,000 in recent capital improvements, it boasts strong in-place rents that reflect true rental demand. The investment offers attractive, above-market cap rates both currently and projected. Its prime location near major employers like Lourdes Hospital, Columbia Basin College, and Amazon’s Fulfillment Center further enhances its appeal to investors and tenants alike.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

13

PRICE/UNIT

$125,000

CAP RATE

7.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Highland Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

R3

APN/PARCEL ID

112-031-140,112-031-159

ASK ABOUT THIS PROPERTY

Max FrameKidder MathewsMore Info
509-494-3116

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

Max FrameKidder MathewsMore Info
509-494-3116

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