12608 E Nora Ave - Apartments FOR SALE


Spokane Valley, WA 99216- Opportunity
$9,000,000 USD
509-472-9105
12608 E Nora Ave, Spokane Valley, WA for Sale
$9,000,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

12608 E Nora Ave
Spokane Valley, WA 99216
Opportunity


HIGHLIGHTS

  • 14 Units Featuring 1 Bedroom / 1 Bathroom with rents ranging $1295-$1395
  • Garages and Carports available for additional parking and income
  • 12 Units Featuring 2 Bedrooms / 1 Bathroom with rents averaging $1495
  • Centrally located near the Freeway, Mall, Restaurants, Convenience Stores and More!
  • 6 Units Featuring 2 Bedrooms / 2 Bathrooms with rents averaging at $1595
  • Construction Finished and Leasing is Nearing Completion!

OVERVIEW

Brand New Spokane Valley 32 Unit Apartment Building. Centrally located with quick access to the Freeway and Valley Mall. Building is finished and lease up is nearing completion. A mix of 1 bedroom and 2 bedroom units. Rents range from $1295-1595 with additional income generated from garage and carport leases as well. This is the perfect low-maintenance investment to add to your portfolio. Please contact listing agent for rent roll information.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$289 USD /SF

# OF UNITS

32

PRICE/UNIT

$281,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dan Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

O

APN/PARCEL ID

45103.0303

ASK ABOUT THIS PROPERTY

Steve JonesWindermere Real EstateMore Info
509-472-9105

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Steve JonesWindermere Real EstateMore Info
509-472-9105

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