305 NE Spaulding St - Multi-Family FOR SALE


Pullman, WA 99163
$1,735,000 USD
208-664-5081
305 NE Spaulding St, Pullman, WA for Sale
$1,735,000 USD
Multi-Family - FOR SALE
1/8
null | 5.26% Cap Rate

305 NE Spaulding St
Pullman, WA 99163


OVERVIEW

Welcome to a prime investment opportunity in Pullman, WA. This impressive property consists of a 7,800 SF building featuring 12 fully-occupied units, making it an ideal choice for Multifamily / Low-Rise/Garden investors. Originally built in 1967 and meticulously renovated in 2020, the property seamlessly blends timeless appeal with modern convenience. Boasting a remarkable 100% occupancy rate, this income-generating asset promises immediate returns and long-term stability. Each unit reflects contemporary design and superior quality, ensuring tenant satisfaction and maximizing rental potential. With its strategic location in Pullman, this property presents an enticing prospect in a high-demand rental market. Embrace this rare opportunity to enhance your investment portfolio with a successful multifamily property.

FOR SALE DETAILS

PRICE

$1,735,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

12

PRICE/UNIT

$144,583

CAP RATE

5.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glenwood Arms

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,305 SF

ZONING

-

APN/PARCEL ID

108150034080001,108150034090002

ASK ABOUT THIS PROPERTY

Benjamin WidmyerWidmyer CorporationMore Info
208-664-5081

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Benjamin WidmyerWidmyer CorporationMore Info
208-664-5081

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