1304 W Hopkins St - Apartments FOR SALE


Pasco, WA 99301
$575,000 USD
509-410-1990
1304 W Hopkins St, Pasco, WA for Sale
$575,000 USD
Apartments - FOR SALE
1/10
null | 5.38% Cap Rate

1304 W Hopkins St
Pasco, WA 99301


HIGHLIGHTS

  • Supply constrained workforce housing
  • Efficient fourplex configuration
  • Expanding Pasco employment base supports demand

OVERVIEW

Hopkins4 is a 4-unit multifamily property located at 1304 W Hopkins Street in central Pasco. Built in 1950, the brick fourplex offers three 2-bedroom, 1-bath units averaging 900 square feet and one 1-bedroom, 1-bath unit of 800 square feet. The property is located in an established central Pasco neighborhood within walking distance of Memorial Park and its year-round aquatic center, Longfellow Elementary, and the shops and restaurants of the Lewis Street corridor. Recent public works projects have improved connectivity between downtown and east Pasco, while an expanding employment base continues to support demand for attainable workforce rental housing.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$151 USD /SF

# OF UNITS

4

PRICE/UNIT

$143,750

CAP RATE

5.38%

% LEASED

100%

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

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R-2

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.