6311 E 6th Ave - Apartments FOR SALE


Spokane Valley, WA 99212- Dishman Hills
$1,150,000 USD
509-216-1253
6311 E 6th Ave, Spokane Valley, WA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/25
null | 8.47% Cap Rate

6311 E 6th Ave
Spokane Valley, WA 99212
Dishman Hills


OVERVIEW

Presenting a new to market 12-unit apartment complex in Spokane Valley, constructed in 1978. It sits on three parcels and offers ample open parking. Each unit features an identical loft-style layout, with a bedroom upstairs and living areas, kitchen, and bathroom on the main floor. Current market rents are $950, which gives the property an impressive 8.5% cap rate. Even more, this property is located in an area surrounded by new high-end apartment buildings. Call for more information.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$266 USD /SF

# OF UNITS

12

PRICE/UNIT

$95,833

CAP RATE

8.47%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

R

APN/PARCEL ID

35242.9058,35242.9059,35242.9060

ASK ABOUT THIS PROPERTY

Joe LanetWindermere ManitoMore Info
509-216-1253

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Joe LanetWindermere ManitoMore Info
509-216-1253

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