1225-1235 Hall Dr Pullman, WA 99163
This exceptional investment opportunity presents a six-unit townhome-style apartment complex ideally situated at 1225-1235 NW Hall Dr, Pullman, WA 99163. Built in 1965, this property boasts a total of 5,040 square feet across two, two-story buildings situated on a 0.35-acre lot. The complex offers six individual units, each with eight parking spaces. Currently operating at 83.3% occupancy, the property generates a 7.38% cap rate and a pro-forma cap rate of 6.47%. The asking price is $735,000, translating to $145.80 per square foot. Its prime location provides convenient access to Washington State University and nearby retail and dining establishments, ensuring consistent tenant demand. The property's strong cash flow and desirable location make it an attractive investment opportunity in the thriving Pullman market. The Whitman County property features a total net rentable area of 5,040 square feet and is identified by APN 109450001100000. This well-maintained complex offers a solid foundation for immediate income and future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.