1800 Evergreen St - Apartments FOR SALE


Walla Walla, WA 99362
$5,300,000 USD
509-494-3116
1800 Evergreen St, Walla Walla, WA for Sale
$5,300,000 USD
Apartments - FOR SALE
1/14
null | 6.42% Cap Rate

1800 Evergreen St
Walla Walla, WA 99362


HIGHLIGHTS

  • Well-maintained, prime value-add opportunity
  • Strong in-place & market cap rate
  • First time on market in 44 years
  • Attractive unit mix featuring 39-two bedroom units
  • Centrally located surrounded by jobs, schools, restaurants, & more
  • One of the few "properties of scale" available in Eastern Washington

OVERVIEW

The Suncrest Apartments is a well-maintained 45-unit apartment community that presents a rare value-add opportunity with strong in-place operations in a highly desired market. Offered for sale for the first time in 44 years, the property features an attractive unit mix with 39 two-bedroom units and is centrally located near major employers, schools, dining, and everyday amenities. As one of the few multifamily properties of scale available in Eastern Washington, the asset offers investors a compelling combination of stability, upside potential, and market presence.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

45

PRICE/UNIT

$117,778

CAP RATE

6.42%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Suncrest Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

-

APN/PARCEL ID

360721140002,360721140003,360721140022,360721140026,360721140030,360721550606,360721550607

ASK ABOUT THIS PROPERTY

Max FrameKidder MathewsMore Info
509-494-3116

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Max FrameKidder MathewsMore Info
509-494-3116

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