12402 E Broadway Ave - Apartments FOR SALE


Spokane Valley, WA 99216- Opportunity
$1,850,000 USD
509-844-8814
12402 E Broadway Ave, Spokane Valley, WA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

12402 E Broadway Ave
Spokane Valley, WA 99216
Opportunity


HIGHLIGHTS

  • Near a variety of amenities (schools, medical, food, shopping and employment)
  • Newer Construction
  • Deluxe Luxury Units

OVERVIEW

100% Leased, Prime Valley Luxury Townhouses (5-Plex) for sale. Rents range from $1,950 to $2,150 per Unit. Projected Market Rents: $2,300 per Month with a 5% CAP. $180.00 per Square Foot value. Centrally located in the heart of the Spokane Valley and near a variety of amenities. Deluxe oversized units consisting of 3 bedrooms and 3 bathrooms per townhouse with upgraded finishes. This well maintained property is elite for any investor buyer looking to buy a newer investment property and avoid new development expenses. Great potential Airbnb or Condo.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$180 USD /SF

# OF UNITS

5

PRICE/UNIT

$370,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valley Luxury Townhouses (5% CAP)

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

CMU

APN/PARCEL ID

45153.0418

ASK ABOUT THIS PROPERTY

Gene ArgerG. Arger Company Real Estae Inc.More Info
509-844-8814

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Gene ArgerG. Arger Company Real Estae Inc.More Info
509-844-8814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.