415-417 NE Campus St, Pullman WA 99163 | 415 NE Campus St
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415-417 NE Campus St, Pullman WA 99163 415 NE Campus St
7 Unit Block of Flats £485,119 (£69,303/Unit) 6% Net Initial Yield Pullman, WA 99163
Investment Highlights
- Located on Washington State University
- On-site laundry
- No vacancies
Executive Summary
Huge investment property right on WSU campus! This property features 3 buildings and 7 functioning units all renting to students at WSU. The first building is a 4 Bedroom house with 3 Kitchens and 3 Bathrooms on a shared lease. The home has Laminate, carpet and wood floors, as well as a basement and laundry room with access from outside. The Main house rents for $2825/month. The other two buildings feature a one care garage currently just used for storage, and 4 units, 2 studios and 2, 1 bedroom 1 bath apartments. Rents on these vary from 475-500/month. Sq ft. is to be verified by buyer to buyers satisfaction.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £485,119 | Apartment Style | Low Rise |
| Price Per Unit | £69,303 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Net Initial Yield | 6% | Building Size | 4,418 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 1933 |
| Price | £485,119 |
| Price Per Unit | £69,303 |
| Sale Type | Investment |
| Net Initial Yield | 6% |
| No. Units | 7 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,418 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1933 |
Unit Amenities
- Storage Space
- Kitchen
- Wooden Floors
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Storage Space
- Individual Locking Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 4+3 | 1 | £2,210 | - |
| 2+1 | 1 | £391.23 | - |
| 2+1 | 1 | £402.96 | - |
| Studios | 1 | £375.58 | - |
| Studios | 1 | £375.58 | - |
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Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 112350008080000 | Total Assessment | £327,964 |
| Land Assessment | £27,703 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £300,261 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
112350008080000
Land Assessment
£27,703
Improvements Assessment
£300,261
Total Assessment
£327,964
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
-
Justin Cofer -
Beasley Realty
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415-417 NE Campus St, Pullman WA 99163 | 415 NE Campus St
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