1101 W Maxwell Ave
Spokane, WA 99201
West Central
HIGHLIGHTS
- Priced at $63,889 per unit, significantly below comparable sales, offering immediate equity potential
- Select units updated with new flooring and fresh paint; strong upside remains through further renovations including new cabinets, countertops, applia
- Brand new heat boiler ensures efficient heating and tenant comfort
- Features timeless architectural charm, enhancing tenant appeal and marketability
- R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met
FOR SALE DETAILS
PRICE
$575,000 USD
PRICE/SF
$61 USD /SF
# OF UNITS
9
PRICE/UNIT
$63,889
CAP RATE
6.73%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Maxwell Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1897
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.16 AC
LAND SF
6,970 SF
ZONING
R2
APN/PARCEL ID
35182.2301
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509-496-6922
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