$5,300,000
 $28,452 est/mo Sourced by Back At You

1800 Evergreen Street,Walla Walla, WA 99362

Walla Walla, WA 99362

Share:

Description

Suncrest Apartments presents a rare opportunity to acquire a 45-unit apartment community in the highly desired Walla Walla market. Located at 1800 Evergreen Street, the property sits on 1.72 acres across 6 buildings and features an attractive unit mix with 39 two-bedroom units, 4 one-bedroom units, 1 studio, and 1 four-bedroom unit. The property has been well maintained and includes 64 parking stalls, owned coin-operated laundry, air conditioning in all units, and a parking lot repaved in 2025. Offered for the first time in 44 years, Suncrest provides strong in-place cash flow with meaningful value-add upside through continued rent growth, interior renovations, and exterior/common-area improvements. Current operations reflect a 6.42% in-place cap rate, with projected upside to a 6.80% market cap rate and 9.31% renovated cap rate. The property is centrally located near Whitman College, Walla Walla Community College, Downtown Walla Walla, Eastgate Shopping Center, Pioneer Park, Providence Hospital, and the Walla Walla Regional Airport. Suncrest is one of the few apartment communities of scale available in Eastern Washington, offering investors a well-located asset with stable operations, a favorable unit mix, and a clear path to increased income through modernization and rent repositioning.

Details

MLS #2545681
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1969
Days On Site75
Listing Provided ByKidder Mathews | Max Frame

Features

SQ Feet33,751
Story(s)2
Units4
ZoningMulti-Family
Acreage1.72

Taxes

Property21770

Area Information

StateWA
CountyWalla Walla
CityWalla Walla
Zip Code99362
Area931 North Walla Walla County
Community NameAyer
Listing VS Median (in Ayer)
Price:
$5,300,000
low | high
Med:
$5,300,000
50% of Average
sqft:
33,751
low | high
Med:
33,751
50% of Average
$ / sqft:
$157
low | high
Med:
$157
50% of Average
On site:
75
low | high
Med:
75
100% of Average
Sourced by Back At You

Market Activity 99362

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Best Homes at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

 The three trees icon appears on listings courtesy of NWMLS.

The Northwest Multiple Listing Service (NWMLS) provides Internet Data Exchange (IDX) information exclusively for personal, non-commercial use. This data is intended solely to help consumers identify prospective properties they may be interested in purchasing. While the information is deemed reliable, it is not guaranteed. Users are advised to independently verify the accuracy of all information.

Based on information submitted to the MLS GRID as of September 8, 2026 at 9:40:47 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

 Listings courtesy of NWMLS as distributed by MLS GRID. DMCA Notice - The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: suppport@realistiq.com “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Contact

Learn More About This Property

StateWA
CountyWalla Walla
CityWalla Walla
Zip Code99362
Area931 North Walla Walla County
Community NameAyer
Listing VS Median (in Ayer)
Price:
$5,300,000
low | high
Med:
$5,300,000
50% of Average
sqft:
33,751
low | high
Med:
33,751
50% of Average
$ / sqft:
$157
low | high
Med:
$157
50% of Average
On site:
75
low | high
Med:
75
100% of Average
Sourced by Back At You
Listing Updated: July 13, 2026 at 8:08:22 AM PDT