
1324 W 5th Ave | Spokane, WA 99204
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This Multifamily Property is no longer advertised on LoopNet.com.
1324 W 5th Ave
Spokane, WA 99204
Highland Halls · Multifamily Property For Sale · 28 Units

INVESTMENT HIGHLIGHTS
- Opportunity to raise rents 34% upon turnover and 66% with renovations
- Well maintained, prime value-add opportunity
- Both buildings feature a new roof installed in 2022
- Located in the highly desired South Hill Neighborhood
- Situated just down the street from multiple hospitals and medical centers
- Majority of tenants on either month-to-month or short term leases
PROPERTY FACTS
No. Units | 28 | Lot Size | 0.21 AC |
Property Type | Multifamily | Building Size | 13,671 SF |
Property Subtype | Apartment | No. Stories | 4 |
Apartment Style | Low-Rise | Year Built/Renovated | 1938/2022 |
Building Class | C | Parking Ratio | 0.44/1,000 SF |
No. Units | 28 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.21 AC |
Building Size | 13,671 SF |
No. Stories | 4 |
Year Built/Renovated | 1938/2022 |
Parking Ratio | 0.44/1,000 SF |
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 26 | - | 650 - 790 |
2+1 | 2 | - | 600 |
LINKS
PROPERTY TAXES
Parcel Number | 35192.4007 | Improvements Assessment | $1,304,480 |
Land Assessment | $112,220 | Total Assessment | $1,416,700 |
PROPERTY TAXES
Parcel Number
35192.4007
Land Assessment
$112,220
Improvements Assessment
$1,304,480
Total Assessment
$1,416,700
ZONING
Zoning Code | OR |
OR |
Listing ID: 29145244
Date on Market: 7/31/2023
Last Updated:
Address: 1324 W 5th Ave, Spokane, WA 99204
The Cliff Cannon Multifamily Property at 1324 W 5th Ave, Spokane, WA 99204 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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