1016 1024 SE Latah StreetPullman, WA99163

$2,900,000
1 total units
22000 sq. ft
1.0152 acres
466 days on market

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Price per unit$2900K/unit
Price per ft²$131.82/ft²
Price per acre$2.86M/ac
Time on market19848 days
1016 1024 SE Latah Street (1 of 13)

Property Description

The Latah Apartments and Mini Storage is a 24-unit apartment property with 60 additional mini storage units built in 1985. This apartment community is located across from the WSU campus. All (24) units are a 2 bed1 bath unit mix about 736 sf in size. The apartments were completely remodeled in 2011/2012 featuring hardwood floors, new windows, paint, and hardware. The apartments come with dishwashers. Both bedrooms in each apartment are identical in size. On-site laundry facilities and plenty of off-street parking. Property presents an investor with the opportunity to own a turn-key asset with the ability to raise rents to current market levels without remodel. The current in place rents are below market based on recent rental surveys.

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Financial Data

Date Sold2023-08-15
Sold Price$2,625,000
Original Price$3,150,000
Current Price$2,900,000
Property Taxes$26,689

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Home Facts

StatusClosed
Year Built1985
Stories3
Interior Features
Exterior Features
MLS IDNWM2030353
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