421 S McKinnon Rd - Apartments FOR SALE


Spokane Valley, WA 99212- Dishman Hills
$3,200,000 USD
509-844-8814
421 S McKinnon Rd, Spokane Valley, WA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

421 S McKinnon Rd
Spokane Valley, WA 99212
Dishman Hills


HIGHLIGHTS

  • Add on Value
  • Centrally Located near a variety of ameneties
  • Prime for a Contractor Buyer

OVERVIEW

Sold AS-IS in current condition and List Price is Bottom Price. Seller has Threshold on price due to distressed default circumstances. Buyer to purchase and complete construction, ADD on Value for completed project. Projected completed stabilized estimated value excess of $6,000,000.00+/- . Approved for 22 Apartment Units and 2 Leasing Offices or Daycare per city.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

24

PRICE/UNIT

$133,333

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Partially Finished Apartment Project

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,113 SF

ZONING

MFR

APN/PARCEL ID

35231.1437

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.