1304 W Hopkins St - Apartments FOR SALE


Pasco, WA 99301
$615,000 USD
509-410-1990
1304 W Hopkins St, Pasco, WA for Sale
$615,000 USD
Apartments - FOR SALE
1/13
null | 6.02% Cap Rate

1304 W Hopkins St
Pasco, WA 99301


HIGHLIGHTS

  • Zoned R-2, the City of Pasco may allow an accessory dwelling unit to increase revenue without adding significant expense.
  • Immediate 15%+ upside in rents with comprehensive interior renovation and strategic marketing effort.
  • Hopkins4 is within walking distance of Memorial Aquatic Park, Juanito’s Foods, and Casa de Alabastro church, and has easy access to major employers.

OVERVIEW

With an excellent walkable location in Pasco, near Memorial Aquatic Park, this 4-unit multifamily property is an ideal opportunity for a new investor to enter the multifamily market, or for an existing owner to expand their portfolio and build scale.

FOR SALE DETAILS

PRICE

$615,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

4

PRICE/UNIT

$153,750

CAP RATE

6.02%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R2

APN/PARCEL ID

112-271-097

ASK ABOUT THIS PROPERTY

Mason FiasconeMultifamily MasonMore Info
509-410-1990

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Mason FiasconeMultifamily MasonMore Info
509-410-1990

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