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Multifamily Portfolio For Sale

2 Multifamily Properties Offered at $3,300,000 in Multiple Locations

Investment Highlights

  • Rented and Stabilized Portfolio
  • 220 S Elm St - 14 Studio Units
  • 112 E 2nd Ave - 16 One Bedroom Units

Executive Summary

• 112 E 2nd Ave - 16 One Bedroom Units
• 220 S Elm St - 14 Studio Units
• Great Investment Opportunity
• Rented and Stabilized Portfolio
• Updates to Both Properties
• Centralized Locations in Spokane and Deer Park
• *Sellers are Licensed Brokers in Washington State

Property Facts

Price $3,300,000
Price / SF $160.96 / SF
Cap Rate 7.35%
Sale Type Investment
Status Under Contract
Number of Properties 2
Individually For Sale 2
Total Building Size 20,502 SF
Total Land Area 0.67 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Deer Park Apartments
112-114 E 2nd St, Deer Park, WA 99006
Multifamily 13,190 SF 1971 $1,900,000
220 S Elm St, Spokane, WA 99201 Multifamily 7,312 SF 1953 $1,400,000
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  • Listing ID: 33071981

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: Multifamily Portfolio For Sale, Deer Park, WA

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