205 S Elizabeth Rd - Apartments FOR SALE


Spokane Valley, WA 99212- Dishman Hills
$635,000 USD
509-494-3116
205 S Elizabeth Rd, Spokane Valley, WA for Sale
$635,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

205 S Elizabeth Rd
Spokane Valley, WA 99212
Dishman Hills


HIGHLIGHTS

  • Turn-key apartment building with renovated units
  • Studs-up system upgrades in 2021
  • Ability to increase rents with as-is unit interiors
  • Located in the landlord-friendly market of Spokane Valley
  • Located in an amenity rich location near schools, jobs, restaurants, parks & more
  • Situated near multiple bus stops & I-90, making travel throughout the City easily accessible

OVERVIEW

Turn-key apartment building in the highly desired, landlord friendly market of Spokane Valley. With studs up unit and system upgrades, buyers are perfectly positioned to immediately focus on rent increases without putting any capital improvements into the property.

FOR SALE DETAILS

PRICE

$635,000 USD

PRICE/SF

$254 USD /SF

# OF UNITS

5

PRICE/UNIT

$127,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elizabeth Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

MF-2

APN/PARCEL ID

35241.1903

ASK ABOUT THIS PROPERTY

Max FrameKidder MathewsMore Info
509-494-3116

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

Max FrameKidder MathewsMore Info
509-494-3116

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