15922 E Valleyway Ave - Apartments FOR SALE


Spokane Valley, WA 99037- Veradale
$11,985,000 USD
509-315-8720
15922 E Valleyway Ave, Spokane Valley, WA for Sale
$11,985,000 USD
Apartments - FOR SALE
1/29
null | 5.97% Cap Rate

15922 E Valleyway Ave
Spokane Valley, WA 99037
Veradale


OVERVIEW

Nathan Apartments is a newly constructed multifamily property located in Spokane Valley. The property consists of 51 units including 23 one-bedroom/one-bath, 1 one-bedroom/two-bath, 15 two-bedroom/one-bath, and 12 two-bedroom/two-bath units, generating approximately $75,721 in monthly rental income. Units feature modern finishes including LVP flooring, quartz countertops, in-unit washers and dryers, spacious open floor plans, and private balconies, with covered parking planned for residents. Conveniently located near Spokane Valley shopping and restaurants, Central Valley schools, and Interstate 90, the property benefits from strong rental demand and excellent accessibility in one of the Valley’s most desirable residential areas.

FOR SALE DETAILS

PRICE

$11,985,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

51

PRICE/UNIT

$235,000

CAP RATE

5.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Nathan

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

102,049 SF

ZONING

MF-1

APN/PARCEL ID

45133.1012

ASK ABOUT THIS PROPERTY

Dallas LightnerLT Real EstateMore Info
509-315-8720

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

Dallas LightnerLT Real EstateMore Info
509-315-8720

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