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$3,525,000

913 days
Rental|Built 1970
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Introducing the investment opportunity of a lifetime – Highland Apartments in Clarkston, WA. Situated strategically across from the Tristate Hospital, this 30-unit complex promises not only a prime location but also a lucrative investment potential. With a strong demand for housing in the healthcare-centric area, Highland Apartments is positioned as a reliable income generator. The modern design and amenities of the units attract a wide range of tenants, ensuring a stable and consistent rental income stream. The proximity to essential services, such as the hospital, enhances the property's desirability. Don't miss the chance to capitalize on this exceptional investment opportunity. Sellers are licensed real estate brokers in Washington State.

Sale Summary

Sold Price

$3,125,000

List Price

$3,525,000

Sale vs List

-11%

Close Date

Jul 19, 2024

Financing

Other

Buyer's Agent

Chris Bornhoft

Property Details

Property Type

Rental

Year Built

1970

County

Asotin

Lot Size

2.32 acres

Schools

Elementary: Other

Days to Sell

120 days

MLS #

SAR202413136

MLS Area

A923/106

MLS Class

Rental Income

Listing Terms

Commercial, See Remarks

Road Frontage

City Street, Paved Road, See Remarks

MLS Status

Sold

Listed On

Mar 20, 2024

Went Pending

Jul 1, 2024

Status Changed

Oct 31, 2024

Last MLS Update

Oct 31, 2024

MLS Branch

1220

School Information

Elementary

Other

Home Features & Details

Construction

See Remarks

Structure Type

See Remarks

Roof

See Remarks

Basement

NoneSee Remarks

Heating

See Remarks

Cooling

Other

Accessibility

See Remarks

Views

City

Parking

See Remarks

Other Structures

See Remarks

Listed By

Chris Bornhoft

Bornhoft Commercial

Estimated Monthly Payment

$19,094/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1970
Lot Size2.32 acres
StatusClosed

Location

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