2002 W 8th Ave
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2002 W 8th Ave
5 Unit Apartment Building Offered at $725,000 at a 6.21% Cap Rate in Spokane, WA 99204
Investment Highlights
- 2 Garages for Additional Rental Income
- Potential to Add Additional Units
- On Site Laundry Facilities
Executive Summary
4 - 1 Bed/1 Bath Units & 1 - 3 Bed/1 Bath Unit
2 Garages for Additional Rental Income
On Site Laundry Facilities
Potential to Add Additional Units
Recent Unit Updates & Architectural Charm
Great South Hill Location Close to 1-90
Walking Distance to Restaurants, Shopping &
Parks
2 Garages for Additional Rental Income
On Site Laundry Facilities
Potential to Add Additional Units
Recent Unit Updates & Architectural Charm
Great South Hill Location Close to 1-90
Walking Distance to Restaurants, Shopping &
Parks
Property Facts
Price | $725,000 | Lot Size | 0.23 AC |
Price Per Unit | $145,000 | Building Size | 4,296 SF |
Sale Type | Investment | No. Stories | 2 |
Cap Rate | 6.21% | Year Built | 1910 |
No. Units | 5 | Opportunity Zone |
Yes
|
Property Type | Multifamily |
Price | $725,000 |
Price Per Unit | $145,000 |
Sale Type | Investment |
Cap Rate | 6.21% |
No. Units | 5 |
Property Type | Multifamily |
Lot Size | 0.23 AC |
Building Size | 4,296 SF |
No. Stories | 2 |
Year Built | 1910 |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 4 | - | - |
3+1 | 1 | - | - |
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PROPERTY TAXES
Parcel Number | 25244.4803 | Improvements Assessment | $384,500 |
Land Assessment | $100,000 | Total Assessment | $484,500 |
PROPERTY TAXES
Parcel Number
25244.4803
Land Assessment
$100,000
Improvements Assessment
$384,500
Total Assessment
$484,500
zoning
Zoning Code | RMF |
RMF |
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2002 W 8th Ave
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