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108 SE 6th St
College Place, WA 99324
Tower View Apartments · Immeuble residentiel Bien À vendre
·
11 Lots


Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- DESIRABLE UNIT MIX - Primarily All Attractive High Demand Two-Bedroom Units
- CIVIC CORE LOCATION - Ideally Located Next to City Hall, Police Headquarters and Fire Station
- RENTAL UPSIDE - Strong Upside in Already Achieved Rents
- TIGHT OCCUPANCY - Extremely Low Vacancy on Highly Sought After Location
- PROFESSIONAL OVERSIGHT - Professionally Managed and Maintained
Résumé analytique
The Rhoades Group of Marcus & Millichap is pleased to exclusively present Tower View Apartments, an 11-unit multifamily investment opportunity located in College Place. The property consists of four separate residential structures situated on a 0.61-acre tax lot, including one fourplex, one triplex, and two duplexes. Three of the four buildings were constructed between 1975 and 1982, while the original 1910 structure has undergone significant upgrades and modernization over time.
Throughout the current ownership’s six-year tenure, the asset has benefited from professional management and consistent maintenance. Notable capital improvements include roofs on all structures within the past 10 years and upgraded ABS plumbing with copper supply lines in three of the four buildings. Additionally, six of the 11 units have been renovated, featuring newer appliances, updated LVP and carpet flooring combinations, cadet heating systems, and in-wall air conditioning. Approximately $15,000 invested in lot line adjustment, architectural plans, and a geotechnical survey for a potential duplex addition on the property approved by the city of College
Place.
The property offers a desirable unit mix of eight two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units, with sizes ranging from approximately 500 to 843 square feet. The multi-building layout provides a more residential setting while reducing concentration risk and enhancing operational flexibility.
Tower View Apartments is strategically located near Walla Walla University and downtown Walla Walla. The surrounding area is supported by a diverse economic base including education, healthcare, agriculture, and tourism.? Proximity to the Tri-Cities growth corridor further strengthens rental demand, supporting stable occupancy and long-term rent growth.
Throughout the current ownership’s six-year tenure, the asset has benefited from professional management and consistent maintenance. Notable capital improvements include roofs on all structures within the past 10 years and upgraded ABS plumbing with copper supply lines in three of the four buildings. Additionally, six of the 11 units have been renovated, featuring newer appliances, updated LVP and carpet flooring combinations, cadet heating systems, and in-wall air conditioning. Approximately $15,000 invested in lot line adjustment, architectural plans, and a geotechnical survey for a potential duplex addition on the property approved by the city of College
Place.
The property offers a desirable unit mix of eight two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units, with sizes ranging from approximately 500 to 843 square feet. The multi-building layout provides a more residential setting while reducing concentration risk and enhancing operational flexibility.
Tower View Apartments is strategically located near Walla Walla University and downtown Walla Walla. The surrounding area is supported by a diverse economic base including education, healthcare, agriculture, and tourism.? Proximity to the Tri-Cities growth corridor further strengthens rental demand, supporting stable occupancy and long-term rent growth.
Informations sur l’immeuble
| Prix par lot | 103 553 € | Surface du lot | 0,22 ha |
| Type de vente | Investissement | Surface de l’immeuble | 1 022 m² |
| Taux de capitalisation | 6,73 % | Occupation moyenne | 100% |
| Nb de lots | 11 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1982 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,15/1 000 m² |
| Style d’appartement | Avec jardin | Zone de développement économique [USA] |
Oui
|
| Classe d’immeuble | C |
| Prix par lot | 103 553 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,73 % |
| Nb de lots | 11 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 0,22 ha |
| Surface de l’immeuble | 1 022 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 2 |
| Année de construction | 1982 |
| Ratio de stationnement | 0,15/1 000 m² |
| Zone de développement économique [USA] |
Oui |
Caractéristiques
Caractéristiques du site
- Laverie
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 3 | - | 46 - 56 |
| 2+1 | 8 | - | 65 - 78 |
Taxes foncières
| Numéro de parcelle | 350736600536 | Évaluation des aménagements | 857 995 € |
| Évaluation du terrain | 96 621 € | Évaluation totale | 954 615 € |
Taxes foncières
Numéro de parcelle
350736600536
Évaluation du terrain
96 621 €
Évaluation des aménagements
857 995 €
Évaluation totale
954 615 €
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