Number of Units:   11
Units Below Grade:   1
Vacancy Rate:   18.00

Financial
Electrical Expenses:   $1,560
Water/Sewer/Garbage:   $15,474
Insurance Expenses:   $12,328
Other Expenses:   $12,840
Total Expenses:   $46,274
Total Monthly Income:   $16,200
Net Operating Income:   $5,992,555
Gross Adjusted Income:   $106,200
Gross Scheduled Income:   $106,200
Cap Rate (NOI / Listing Price):   $5.40
Gross Rent Multiplier:   $10.00

Year Built:   1967
Building Condition:   Good
Number of Stories:   3
Roof:   Composition
Exterior:   Wood Products
Floor Covering:   Laminate, Marble, Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   6,920
Leased Items:   None

Lot Size:   17,500 Sq Ft
Lot Size Source:   Assessor
Lot Details:   Alley
View:   City, Ocean

Utilities
Energy Source:   Electric
Power Company:   Okanogan County PUD
Sewer Company:   City of Tonasket
Water Company:   City of Tonasket
Water Source:   See Remarks

Parking
Number of Uncovered Parking Spaces:   11
Total Number of Parking Spaces:   11

Address:   319 S Tonasket Avenue, Tonasket, WA 98855
City:   Tonasket
State:   
Zip Code:   98855
Latitude:   48.70422100
Longitude:   -119.43787300
Driving Directions:   From Junction gas station in Tonasket Turn right on 4th street property is on the left.

Community Name:   Tonasket
School District:   Tonasket
Elementary School:   Tonasket Elem
Junior High School:   Tonasket Mid
Senior High School:   Tonasket High

County:   Okanogan
Tax Number:   2420180800
Lot Number:   8-12
Block Number:   18
Tax Amount:   $4,072   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $1,100,000
Potential Terms:   See Remarks
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   No

Listing Number:   2432908
Listing Status:   Active
Listing Office:   ProStaff Real Estate
Listing Date:   2025-09-15
MLS Area:   Okanogan Valley
Square Footage Source:   assessor
Lot Size Source:   Assessor
Marketing Remarks:   Well cared for 11-unit apartment complex in Tonasket. The property has recently been given a fresh coat of exterior paint, giving it a clean look from the street. Inside, most units have been updated over time, while each apartment includes its own window A/C unit to keep tenants comfortable during the summer months. The complex shows pride of ownership with consistent maintenance, making it an easy property to step into and manage. It offers reliable rental income today with room for future improvements if a new owner chooses. Multi-unit opportunities like this are not often available in the Tonasket area, making this a solid investment with both stability and potential.

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.