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Download Northwood_Manor_Pullman_WA_Marketing_Package.pdf
  • Great Location Within Minutes to Washington State University and Downtown Pullman
  • Past the Initial Tax Credit Compliance Period (Placed In Service in 1998)
  • Bloomberg Businessweek Chose Pullman as the Best Place to Raise Kids in the State of Washington
  • Low Historical Vacancy

1590 NE Northwood Drive
Pullman, WA 99163

  • Status: Escrow
  • Price: $2,950,000
  • # of Units: 51
  • Rentable SF: 50,945
  • Price per Unit: $57,843
  • Price per SF: $57.91
  • Year Built: 1998
  • # of Buildings: 5
  • Lot Size: 3.50 Acres
  • Density: 14.57 Units/ Acre
  • # of Stories: 3
  • Download Marketing Package:
  • Description:

    • Northwood Manor Apartments is a 51-unit affordable housing community located in Pullman, WA. The property was built and placed in service in 1998 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. It is conveniently located with easy access to Washington State University and downtown Pullman.

      There is an existing regulatory agreement in place which requires units to be rented to income qualifying residents earning no more than 30% and 60% of Area Medium Income (AMI) limits, which are provided by Washington State Housing Finance Commission (WSHFC). The property is out of its initial tax credit compliance period. A qualified purchaser can be a non-profit or for-profit entity that agrees to maintain the affordability restrictions.

      Northwood Manor offers spacious two, three, and four bedroom floor plans. Residents benefit from common area amenities including on-site laundry facility, community garden area, spacious common grounds, and playground.. Unit amenities include open floor plan with full appliance package, W/D connections in select units, and private patio / balcony.