Number of Units:   13

Financial
Electrical Expenses:   $6,500
Water/Sewer/Garbage:   $6,500
Insurance Expenses:   $3,645
Other Expenses:   $34,404
Total Expeses:   $67,458
Total Monthly Income:   $12,873
Net Operating Income:   $120,269
Gross Adjusted Income:   $187,728
Gross Scheduled Income:   $187,728
Cap Rate (NOI / Listing Price):   $7.40
Gross Rent Multiplier:   $9.00

-= Building Details =-

Year Built:   1964
Effective Year Built:   1964
Effective Year Built Source:   Public Records
Number of Stories:   1
Amenities:   Coin Op Laundry
Roof:   Metal
Exterior:   Cement/Concrete
Floor Covering:   See Remarks
Foundation:   Block
Approx. Sq Ft:   7,654
Leased Items:   Washer/Dryer

-= Unit Details =-

-= Site Details =-

Lot Size:   20,909 Sq Ft
Lot Size Source:   County Assessor
Lot Dimensions:   7654

Utilities
Energy Source:   Electric
Power Company:   Franklin PUD
Sewer Company:   City of Pasco
Water Company:   City of Pasco

Parking
Number of Uncovered Parking Spaces:   13
Total Number of Parking Spaces:   13

-= Location Information =-

Address:   124 W Shoshone Street, Pasco, WA 99301
City:   Pasco
State:
Zip Code:   99301
Latitude:   46.23459000
Longitude:   -119.08753600
Driving Directions:   124 -132 W SHOSHONE ST, PASCO, WA

-= Community Information =-

Community Name: Pasco
School District: Pasco

-= Assessor Information =-

County:   Franklin
Tax Number:   112031159
Zoning Jurisdiction:   City
Tax Amount:   $9,909   Tax amount may change after sale.
Tax Year:   2025

-= Purchase Information =-

Listing Price:   $1,625,000
Potential Terms:   Cash Out, Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

-= MLS Listing Details =-

Listing Number:   2389114
Listing Status:   Contingent
Listing Office:   Kidder Mathews
Listing Date:   2025-06-06
Contingent Date:   2025-06-26
MLS Area:   Franklin County
Square Footage Source:   Rent Roll
Lot Size Source:   County Assessor
Marketing Remarks:   Highland Flats presents a compelling investment opportunity in the heart of the Tri-Cities, one of Washington State’s most dynamic and rapidly expanding markets. Located at 124-132 W Shoshone St, Pasco, WA, this 13-unit apartment community offers immediate cash flow, recent capital improvements, and significant long-term upside.

-= 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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