$3,250,000 USD
509-496-6922
303-330 S Felts Ln
Spokane Valley, WA 99206
Dishman Hills
HIGHLIGHTS
- Newer Construction – Eight units built in 2016 and four units completed in 2025, offering modern systems and low future maintenance.
- Updated Interiors – LVP flooring, stainless steel appliances, hard-surface countertops, ductless heating and cooling, in-unit washer/dryer, private pa
- Investor-Friendly Location – Spokane Valley with lower utility costs, tenant-paid garbage, and a 90-day rent increase notice period.
- Strong Rental Demand – Desirable Dishman Hills location with easy access to I-90, schools, parks, and employment.
- Attractive Demographics – Average household incomes of approximately $152,588 within one mile.
- Rental Upside & Flexibility – Average rents of $1,646 versus $1,750 market, with the option to sell up to four units individually.
OVERVIEW
SVN Cornerstone is pleased to present the Felts Townhomes for sale located at 303-314 S Felts Ln in the Spokane Valley. The Felts Townhomes consist of 12 two story townhome units, each offering two bedrooms and one and a half bathrooms. The property features newer construction with high end finishes, dedicated covered carports for each unit, in unit washer and dryer, and an on site community garden for residents.
FOR SALE DETAILS
PRICE
$3,250,000 USD
PRICE/SF
$200 USD /SF
# OF UNITS
12
PRICE/UNIT
$270,833
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Felts Townhomes
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2025
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,940 SF
ZONING
CMU
APN/PARCEL ID
45201.2701,45201.2702,45201.2703,45201.2704,45201.2813
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509-496-6922
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509-496-6922
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