$2,895,000 USD
509-496-6922
6603 N Standard St
Spokane, WA 99208
Nevada Lidgerwood
HIGHLIGHTS
- 15 renovated units with new finishes; 5 feature in-unit washer/dryers plus shared laundry.
- 20 covered carports with guest and street parking.
- New security gate and landscaped courtyard.
- Roofs replaced 2016; updated outlets, switches, and shut-off valves.
- Unit mix: (10) 3BR/1BA and (10) 2BR/1BA.
- Expansion potential to 22 units by leasing owner’s unit and converting rec room.
OVERVIEW
SVN Cornerstone is pleased to present the Standard Street Oasis Apartments for sale, a 20 unit apartment complex located in Spokane’s Nevada Lidgerwood neighborhood. The property offers 10 3bed/1bath units, 10 2bed/1bath units, 20 covered carports, a beautifully landscaped courtyard, and a brand new electric security gate.
FOR SALE DETAILS
PRICE
$2,895,000 USD
PRICE/SF
$127 USD /SF
# OF UNITS
20
PRICE/UNIT
$144,750
CAP RATE
6.05%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Standard Street Oasis Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1971
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.3 AC
LAND SF
56,628 SF
ZONING
RMF
APN/PARCEL ID
36293.0087
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
509-496-6922
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
509-496-6922
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
