$2,200,000
$2,200,000
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16,640 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Sub Type Five+ Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 16,640 sqft
Price per Sqft $132
Subdivision None/Na
MLS Listing ID 272501
Sold Date 03/29/24
Year Built 1992
Annual Tax Amount $8,314
Tax Year 2023
Property Description
MLS# 272501 Fantastic rental history on this 16 unit property! The SunUp Apartments consist of 4 4-unit buildings hosting a total of 16 2 bedroom, 1 bathroom apartments. Each unit has its own private laundry closet, deck/balcony space, wall A/C, and ample outdoor parking. A large unfinished walk-out basement with a single garage door is located under one of the buildings. This space is currently used for landlord storage and workspace but has so many options for finishing into storage units, common space, or even extra living units. Fully leased. 5.2% cap rate with room for improvement in rents.
Location
State WA
County Whitman
Area Whitman
Zoning MULTI-FAMILY RE
Interior
Heating Electric
Exterior
Exterior Feature Vinyl
Building
Foundation Concrete
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