Log In/Sign Up
Your email has been sent.
1304 W Hopkins St 4 Unit Apartment Building $799,244 CAD ($199,811 CAD/Unit) 5.38% Cap Rate Pasco, WA 99301
Investment Highlights
- Supply constrained workforce housing
- Expanding Pasco employment base supports demand
- Efficient fourplex configuration
Executive Summary
Hopkins4 is a 4-unit multifamily property located at 1304 W Hopkins Street in central Pasco. Built in 1950, the brick fourplex offers three 2-bedroom, 1-bath units averaging 900 square feet and one 1-bedroom, 1-bath unit of 800 square feet.
The property is located in an established central Pasco neighborhood within walking distance of Memorial Park and its year-round aquatic center, Longfellow Elementary, and the shops and restaurants of the Lewis Street corridor. Recent public works projects have improved connectivity between downtown and east Pasco, while an expanding employment base continues to support demand for attainable workforce rental housing.
The property is located in an established central Pasco neighborhood within walking distance of Memorial Park and its year-round aquatic center, Longfellow Elementary, and the shops and restaurants of the Lewis Street corridor. Recent public works projects have improved connectivity between downtown and east Pasco, while an expanding employment base continues to support demand for attainable workforce rental housing.
Property Facts
| Price | $799,244 CAD | Building Class | C |
| Price Per Unit | $199,811 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 3,808 SF |
| Cap Rate | 5.38% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.58/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-2 | ||
| Price | $799,244 CAD |
| Price Per Unit | $199,811 CAD |
| Sale Type | Investment |
| Cap Rate | 5.38% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,808 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.58/1,000 SF |
| Zoning | R-2 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 112-271-097 | Improvements Assessment | $516,821 CAD |
| Land Assessment | $121,417 CAD | Total Assessment | $638,238 CAD |
Property Taxes
Parcel Number
112-271-097
Land Assessment
$121,417 CAD
Improvements Assessment
$516,821 CAD
Total Assessment
$638,238 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1304 W Hopkins St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.