1225-1235 Hall Dr Pullman, WA 99163
- Apartment buildings
- 5,040 SF
- 0.35 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1225-1235 Hall Dr
- Year built
- 1965
- Lot size
- 0.35 lot acres
- Property size
- 5,040 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pullman
- County
- Whitman
- State
- Washington
- Longitude
- -117.175
- Latitude
- 46.7404
