1324 W 5th Ave | Spokane, WA 99204
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
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 |
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 |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
