17121 E Boone Ave
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17121 E Boone Ave
2 Unit Apartment Building Offered at $765,000 at a 5.73% Cap Rate in Spokane Valley, WA 99016
Executive Summary
2022 Built Duplex conveniently nestled in the Spokane Valley on a dead end street. These are beautiful townhome style with attached 2 car garages each unit. All stainless kitchen appliances included. Washer and dryers in units and included. Modern style finishes with Huntwood cabinets and LVP flooring. Large primary suite with walk in closet and private bathroom. These are the perfect duplexes for your investment portfolio.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $765,000 | Property Type | Multifamily |
| Price Per Unit | $382,500 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 3,016 SF |
| Cap Rate | 5.73% | No. Stories | 2 |
| No. Units | 2 | Year Built | 2022 |
| Price | $765,000 |
| Price Per Unit | $382,500 |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.24 AC |
| Building Size | 3,016 SF |
| No. Stories | 2 |
| Year Built | 2022 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | $2,262 | 1,508 |
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zoning
| Zoning Code | R-3 |
| R-3 |
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17121 E Boone Ave
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