Pasco Portfolio

Address: 1303-1311 W Shoshone St & 124-132 W Shoshone St, Pasco, Washington, US

Seattle & Northwest + Apartments

Created date: November 18, 2023

Date last updated: November 18, 2023

IMMEDIATE SCALE: Purchased together, the properties offer 22 units that can be managed at scale.
STABILIZED ASSETS: Both properties have been renovated and stabilized at market rents and operating expenses.
MULTIPLE UNIT TYPES: From studios to 3-bedroom units, the properties offer a variety of options for prospective tenants.
GROWTH MARKET: Tri-Cities is a thriving market that continues to experience rent and population growth.

Property Description

Highland Flats is a 13-unit stabilized property with proven market rents and operating expenses. Ideally located workforce housing, it's only 1/2 mile from Hwy 395 in Pasco, providing easy access to all employers and amenities.Granite Nine is a 9-unit stabilized property that has been fully renovated from its original 1949 construction in the past three years. Improvements include installation of mini splits, new PEX supply lines, ABS drain lines, electrical panels, and more.Offered together, or individually, these Pasco properties offer excellent cash-flow in the growing Tri-Cities market and can be managed together at scale.

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Broker Details

Mason Fiascone

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Price:	$3,200,000
No. of Units:	22
Lot Size:	0.88 Sq ft
Opportunity Zone:	No
Price per unit:	$145,455
Property Website	Click Here