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400 NE Colorado St

26 Unit Block of Flats £3,090,678 (£118,872/Unit) Pullman, WA 99163

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Executive Summary

Location, location, location! Super location adjacent to Washington State University campus. This class A Fraternity home was built ground up in 1996. The property has three stories plus a finished basement with approximately 4,500sf per floor. The basement features an enormous recreation room, chapter room, maintenance and equipment rooms, office, and laundry facilities. The main level consists of a foyer, a grand living room with gas fireplace, dining hall, commercial grade kitchen with walk-in cooler, freezer & pantry. Access to entertainment size deck on north and west sides of the building. Bathrooms are located on every floor. Both 2nd & 3rd floors feature a total of 26 bedrooms and a large study/library room with access to a separate deck above the covered porch. The 4th level is an attic space for extra storage and a Bell Tower. The property features a hydraulic elevator, full fire suppression system, security access with cameras, and two interior stair cases on east and west sides of the building. The HVAC system is a hot and chilled water system. The exterior grounds provide a full size concrete basketball court, built-in brick twin gas BBQ grills, parking stalls for 21+vehicles and great views of the city and Palouse. This property has been very well maintained and looked after. Seller is willing to carry$1.5M to qualified buyer.

Property Facts

Price	£3,090,678	Building Class	B
Price Per Unit	£118,872	Lot Size	0.63 AC
Sale Type	Investment	Building Size	18,182 SF
No. Units	26	Average Occupancy	77%
Property Type	Residential	Number of Floors	3
Property Subtype	Apartment Multifamily Dormitory	Year Built	1996
Apartment Style	Low Rise	Parking Ratio	1.37/1,000 SF

Price	£3,090,678
Price Per Unit	£118,872
Sale Type	Investment
No. Units	26
Property Type	Residential
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low Rise
Building Class	B
Lot Size	0.63 AC
Building Size	18,182 SF
Average Occupancy	77%
Number of Floors	3
Year Built	1996
Parking Ratio	1.37/1,000 SF