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Apartment Complex For Sale

Timothy St, Pullman, Washington 99163

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Property Description

MLS# 277012 This one of kind real estate portfolio is now available. This offering is being sold as a package of five properties, four of which are located adjacent to one another. There are 32 total units, each being a 2 bed & 1 bath. 1250 NW State is on the corner of Timothy St and State St and is a 6 plex built in 1971 featuring 5616 sq ft with each unit having 2 beds & 1 baths, electric heat & access to 1 on site-laundry room, & covered parking. Adjacent is 237 NW Timothy which is a 12-plex built in 1971 featuring 11,232 sq ft with each unit having 2 beds & 1 bath, electric heat, access to 2 on site laundry rooms, patios & decks, & covered parking. Adjacent is 229 NW Timothy which is a 4 plex built in 1970 featuring 3360 sq ft with each unit having 2 beds & 1 bath, electric heat, hook ups for laundry in each unit & covered parking. Adjacent is 225 NW Timothy which is a 4 plex built in 1970 featuring 3360 sq ft with each unit having 2 beds & 1 bath, electric heat, hook ups for laundry in each unit & covered parking. The last property in this portfolio is not included in this listing however is being sold separately (MLS No.279180) as an option to buy together, a 6-plex located on 1335 NW Deane St. Built in 1971, this property features 5,616 sq ft with each unit having 2 beds & 1 baths, electric heat & access to 1 on site-laundry room, & covered parking. Once again, This portfolio will not be sold separately, it will be sold as a package, However the seller is offering the exception of 1335 NW Deane as an option to buy with these four other properties. Each property is on a separate legal description. Interior photos are of a representative unit. Recent capital improvements include new flooring & appliances in many of the units, a new roof and new water line for 237 NW Timothy. Gross income for 2023 is $311,967.92. Current rents is 860 per unit. There are no vacancies. Reach out for more information on this investment opportunity.

Basic Details
Property Type : Apartment Complex
Listing Type : For Sale
Listing ID : 277012
Price : $2,687,000
Year Built : 1970
Lot Area : 0 Acre
Status : Active
Days On Market : 94
Address Map
Country : US
State : WA
County : Whitman
City : Pullman
Zipcode : 99163
Street : Timothy St
Postal Code : 99163
Floor Number : 0
Longitude : W118° 49' 21.5''
Latitude : N46° 44' 25.7''
MLS Addon
Asking Price : 2687000
Address Number : 237
Headline : Lori-El Apartments
Listing Office 1 : 578
Original Price : 3302000
Photo Count : 12
Address : 237 NW Timothy St
Listing Type : Exclusive Right
Subdivision : None/na
Annual Taxes : 25,394.16
Tax Year : 2025
Apartment Complex For Sale
  • Listing ID : 277012
  • Lot Area : 0 Acre
$2,687,000
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