Listed by LT Real Estate
$13,075,000
University District Portfolio For Sale
Details
APN 35084.3502 , 35084.2912 , 35084.3414 , 35171.0602 , 35083.2601 , 35171.0409 , 35171.1201 , 35171.0604 , 35084.2313
Property Type Multifamily
Sub Type Student Housing
Square Footage 61,965
Units 34
Beds 150
Cap Rate 6.57%
NOI $859,439
Year Built 2012 | 2013 | 2018 | 2015 | 2019 | 1910 | 2010 | 2002 | 1901
Buildings 13
Lot Size (SqFt) 63,900
9 University District Multifamily Properties
Marketing description
University District Student Housing Portfolio | $16,000,000
9 Multifamily Properties | 34 Units | 150 Beds
Unlock an exceptional investment opportunity with this 9-property student housing portfolio located in Spokane’s highly sought-after University District, just steps from Gonzaga University. With a combined monthly rental income of $88,575, these properties offer a turnkey, cash-flowing asset backed by a strong rental history and consistent tenant demand.
Situated within walking distance to Gonzaga, local restaurants, shops, and parks, these properties are ideally positioned for student tenants.
Investment highlights
9 University District Multifamily Properties
Rental Income of $88,575/Month
Great Locations Near Gonzaga University
Strong Rental History
Newer Construction Buildings
Turnkey Investment Opportunity
Walking Distance to Restaurants, Shopping & Parks
Listing Contacts
Listed by LT Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$859,439.00
$71,619.92/mo
Valuation Metrics
0
DSCR
6.57%
Cap Rate
6.57%
ROI
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