Number of Units:   10
Vacancy Rate:   5.00

Financial
Water/Sewer/Garbage:   $17,677
Insurance Expenses:   $7,387
Other Expenses:   $14,485
Total Expeses:   $45,893
Total Monthly Income:   $11,000
Net Operating Income:   $93,992
Gross Adjusted Income:   $125,400
Gross Scheduled Income:   $132,000
Cap Rate (NOI / Listing Price):   $671.00
Gross Rent Multiplier:   $11.00

-= Building Details =-

Year Built:   1980
Effective Year Built:   2025
Effective Year Built Source:   Public Records
Building Condition:   Very Good
Number of Stories:   2
Amenities:   Storage
Roof:   Composition
Exterior:   Wood Products
Floor Covering:   Vinyl Plank, Carpet
Foundation:   Concrete Ribbon
Approx. Sq Ft:   5,472
Leased Items:   None

-= Unit Details =-

-= Site Details =-

Lot Size:   6,120 Sq Ft
Lot Details:   Secluded

Utilities
Energy Source:   Electric, See Remarks
Power Company:   Pacific Power
Sewer Company:   City of Walla Walla
Water Company:   city of College Place
Water Source:   Public

Parking
Number of Carport Spaces:   10
Number of Uncovered Parking Spaces:   10
Total Number of Parking Spaces:   20

-= Location Information =-

Address:   1200 SE Broadway, Walla Walla, WA 99362
City:   Walla Walla
State:
Zip Code:   99362
Latitude:   46.03805100
Longitude:   -118.38757200
Driving Directions:   West on SE 12th L on Broadway. First two-story building on the Left.

-= Community Information =-

Community Name:   College Place
School District:   College Place
Elementary School:   Davis Elem
Junior High School:   John Sager Mid
Senior High School:   College Place High School

-= Assessor Information =-

County:   Walla Walla
Tax Number:   4419
Zoning Jurisdiction:   City
Tax Amount:   $6,344   Tax amount may change after sale.
Tax Year:   2025

-= Purchase Information =-

Listing Price:   $1,400,000
Potential Terms:   Cash Out, Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

-= MLS Listing Details =-

Listing Number:   2427292
Listing Status:   Active
Listing Office:   Kelly Right RE of Walla Walla
Listing Date:   2025-08-28
MLS Area:   Southeast Walla Walla County
Square Footage Source:   County
Marketing Remarks:   Incredible investment opportunity, 8 of the units have been remodeled, 6 have had complete refitting with new kitchens and new bathrooms. Two have new paint, flooring, but original kitchen cabinets and bathroom cabinets. Two have not been changed. Low vacancy, great cap rate. Low maintenance and excellent property management. Rarely will you find covered parking and outdoor storage for each unit, plus washer-dryer hookups in each apartment.

-= Multiple Listing Service =-

-= Disclaimer =-

The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.

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