Exclusive Offering
Tower View Apartments
108 SE 6th St, College Place, WA 99324
An 11-unit multifamily investment of four residential structures on a 0.61-acre lot near Walla Walla University.
Pricing
$1,400,000
$127,273 Per Unit
The Rhoades Group of Marcus & Millichap is pleased to exclusively present Tower View Apartments, an 11-unit multifamily investment opportunity located in College Place. The property consists of four separate residential structures situated on a 0.61-acre tax lot, including one fourplex, one triplex, and two duplexes. Three of the four buildings were constructed between 1975 and 1982, while the original 1910 structure has undergone significant upgrades and modernization over time.
Full financials and property sale information are available in the Offering Memorandum.
Property Overview
A Multi-Building Investment in College Place
Tower View Apartments comprises four separate residential structures, including one fourplex, one triplex, and two duplexes, situated on a 0.61-acre lot in College Place. Capital improvements during current ownership include newer roofs on all buildings and upgraded plumbing in three of the four structures, and the community is supported by ample off-street parking.
Units
11
Year Built
1910 / 1982
Asset Type
Multifamily
Unit Summary
Unit Mix
| Unit Type | # Units | Avg SF |
|---|---|---|
| 1 Bed / 1 Bath Flat | 3 | 541 |
| 2 Bed / 1 Bath Flat | 8 | 771 |
| Total | 11 | 708 avg |
Approximately 7,793 total rentable square feet across 11 units in 4 buildings.
Gallery
Property Photos
Location
College Place, Washington
Walla Walla and College Place, located in southeastern Washington near the Oregon border, form one of Eastern Washington's most stable and attractive multifamily markets. The area benefits from a diversified economic base driven by higher education, healthcare, agriculture, wine production, tourism, and government employment. Walla Walla has gained national recognition as a premier wine destination, with more than 120 wineries and tasting rooms supporting a growing hospitality sector and expanding professional workforce.
The market is further strengthened by the presence of major educational institutions including Whitman College and Walla Walla University, which provide a consistent source of housing demand from students, faculty, and university staff. College Place directly benefits from its proximity to these institutions and functions as an extension of the broader Walla Walla metro area. Additional regional employers in healthcare, food processing, municipal services, and wine production help support year-round economic stability and contribute to a reliable renter base across multiple demographics.
From a multifamily investment perspective, the Walla Walla and College Place market continues to experience healthy rental demand combined with relatively limited new apartment supply. Rising homeownership costs and continued population growth have supported occupancy and rent growth throughout the region, particularly for well-maintained workforce and mid-market apartment communities.
Downloads
Access the Full Offering Memorandum
Execute the Confidentiality Agreement to download the complete Offering Memorandum, including financials, rent roll, operating data, and pricing details.
Contact
Listing Advisors
Whitney Rhoades
Managing Director Investments
Marcus & Millichap | The Rhoades Group
Nygel Drury
Senior Director Investments
Marcus & Millichap | The Rhoades Group