South Hill Multifamily Portfolio
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South Hill Multifamily Portfolio
3 Multifamily Properties Offered at $2,610,000 in Spokane, WA
Investment Highlights
- Great Location on the South Hill
- Potential to Add Units
Executive Summary
3 South Hill Apartment Buildings
-2 - 5 Unit Buildings & 1 - 8 Unit Building
-Rental Income of $19,119/month
-Great Location Close to 1-90
-On Site Laundry Facilities at Each Property
-Recently Updated Units & Upside on Rents
-Walking Distance to Restaurants, Shopping &
Parks
-2 - 5 Unit Buildings & 1 - 8 Unit Building
-Rental Income of $19,119/month
-Great Location Close to 1-90
-On Site Laundry Facilities at Each Property
-Recently Updated Units & Upside on Rents
-Walking Distance to Restaurants, Shopping &
Parks
Property Facts
| Price | $2,610,000 | Number of Properties | 3 |
| Price / SF | $155.23 / SF | Individually For Sale | 3 |
| Cap Rate | 6.06% | Total Building Size | 16,814 SF |
| Sale Type | Investment | Total Land Area | 0.66 AC |
| Status | Active |
| Price | $2,610,000 |
| Price / SF | $155.23 / SF |
| Cap Rate | 6.06% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 16,814 SF |
| Total Land Area | 0.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1627 W 7th Ave, Spokane, WA 99204 | Multifamily | 7,876 SF | 1956 | $1,160,000 |
| 2003 W 10th Ave, Spokane, WA 99204 | Multifamily | 4,642 SF | 1900 | $725,000 |
| 2002 W 8th Ave, Spokane, WA 99204 | Multifamily | 4,296 SF | 1910 | $725,000 |
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South Hill Multifamily Portfolio
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