1518 N Brook Ct
Ellensburg, WA 98926
Villa Normandy · Multifamily Property For Sale · 14 Units

Marcus & Millichap is pleased to present for sale the Villa Normandy Apartments, a 14-unit apartment complex located in Ellensburg, Washington. The property consists of 12 two-bedroom/one and half-bathroom town-home units, a spacious two bedroom/one bathroom home with two car garage and an attached non conforming studio unit. All the units have been remodeled with new appliances including ranges/stoves, refrigerators, double pane vinyl windows, and air conditioning. The units also feature new vinyl flooring and counter tops, cabinets, fixtures, high efficiency toilets, tile showers, walk in closets and private fenced courtyards. Every unit is individually metered for electricity. In addition, the parking lot was resurfaced in 2016. Common area amenities include covered parking, laundry facility, and storage lockers. The apartments are one block from Central Washington University providing high quality housing for students with a convenient location next to campus. Ellensburg is home to Central Washington University, a thriving college community, with 11,000 students enrolled. This fall, CWU had its largest freshman class (1,653) in the Universitys history, a 21% increase. CWU is the fastest growing university in Washington State. Ellensburg is conveniently located 90 minutes east of Seattle in beautiful Central Washington. It is an attractive market for both tenants and investors with close access to CWU, I-90 Freeway, and Seattle. The Villa Normandy Apartments is an ideal opportunity for an investor looking for an extensively remodeled property with upside rent potential. The property benefits from spacious floor plans and high quality finishes, an excellent location next to a growing university, and a market with limited housing supply.