Number of Units:   8
Features:   Outbuildings
Vacancy Rate:   14.00

Financial
Electrical Expenses:   $600
Water/Sewer/Garbage:   $8,100
Other Expenses:   $3,000
Total Expeses:   $15,700
Total Monthly Income:   $5,900
Net Operating Income:   $55,100
Gross Adjusted Income:   $70,800
Gross Scheduled Income:   $82,800
Cap Rate (NOI / Listing Price):   $8.60
Gross Rent Multiplier:   $8.00

Year Built:   1973
Effective Year Built:   1973
Effective Year Built Source:   Public Records
Building Condition:   Fixer
Number of Stories:   2
Roof:   Flat
Exterior:   Wood Products
Floor Covering:   Vinyl, Carpet
Approx. Sq Ft:   8,944
Leased Items:   None

Lot Size:   1.51 Acres
View:   Golf Course

Utilities
Energy Source:   Electric
Power Company:   Avista
Water Source:   Community

Parking
Number of Uncovered Parking Spaces:   16
Total Number of Parking Spaces:   16

Address:   2255 W Mockingbird Lane, Othello, WA 99344
City:   Othello
State:   
Zip Code:   99344
Latitude:   46.79642100
Longitude:   -119.20764800
Driving Directions:   from Othello North on Broadway turns into Hwy 24, at round-a-bout take first right onto Bench Rd, few miles down, take first entrance on left by sign says Othello Golf, then left is driveway to 8plex

Community Name:   Othello
School District:   Othello
Elementary School:   Buyer To Verify
Junior High School:   Mcfarland Jnr
Senior High School:   Othello High

County:   Adams
Tax Number:   2100490780300
Block Number:   49
Zoning Jurisdiction:   County
Tax Amount:   $4,000   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $645,000
Potential Terms:   Cash Out
3rd Party Approval Required:   None
Possession Allowed:   Subject to Tenant Rights
Preliminary Title Ordered:   Yes

Listing Number:   2427884
Listing Status:   Active
Listing Office:   Coldwell Banker Tomlinson R&H
Listing Date:   2025-09-02
Original Listing Price:   $675,000
MLS Area:   Adams County
Square Footage Source:   Public Record
Marketing Remarks:   Potential investment opportunity here in this 2 story 8-plex that sits at the entrance by the Othello Golf Course. There are 2 parcels so has some room to grow, currently on the Othello golf community water association, plenty of parking available for each tenant and has mature trees on the backside for plenty of shade. The 8-plex is in need of some good TLC and is being sold as is, this property will need to be cashed out, no seller financing. Shown by appointment only.

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.