916 N Ella Rd | Spokane Valley, WA 99212
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916 N Ella Rd
Spokane Valley, WA 99212
Park Place Apartments · Multifamily Property For Sale · 65 Units
Investment Highlights
- Over $1,000,000 in Renovations Completed in 2022 – Heavy Lifting Complete
- Rare Single-Story Construction Offering Tenants Quiet Living. No Maintenance Costs for External Stairs, or Balconies
- Tenants Billed Directly for all Utilities and Pay Additional CAM Fee
- 74% of the Units Have Yet to be Fully Renovated. Renovated Units Achieve Approximately $300 Rent Premiums
- 51 Private Garages, 24 Storage Units
PROPERTY FACTS
| No. Units | 65 | Building Size | 48,690 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1977 |
| Building Class | C | Parking Ratio | 2.59/1,000 SF |
| Lot Size | 6.27 AC |
| No. Units | 65 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.27 AC |
| Building Size | 48,690 SF |
| Average Occupancy | 94% |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 2.59/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Fireplace
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Grill
Site Amenities
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Grill
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 560 |
| 2+1 | 20 | - | 750 |
| 2+1.5 | 20 | - | 950 |
| 3+2 | 1 | - | 1,250 |
PROPERTY TAXES
| Parcel Number | 45182.9180 | Improvements Assessment | $8,222,740 |
| Land Assessment | $956,560 | Total Assessment | $9,179,300 |
PROPERTY TAXES
Parcel Number
45182.9180
Land Assessment
$956,560
Improvements Assessment
$8,222,740
Total Assessment
$9,179,300
zoning
| Zoning Code | MF-2 |
| MF-2 |
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