Knickerbocker Apartments
For Sale | 29 Apartment Units | 1 Retail Space
Marketing description
Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
Link to Flyer: www.listings.ltrealestateco.com/507-s-howard/
Investment highlights
Retail space with 5 yr. Lease Signed
29 Apartment Units Above
Located in Advantageous Opportunity Zone
Tax Benefits
Timeless Craftsmanship
Coveted South Hill Location
Spacious Units
Rent Upside of 10-20%
Diverse Unit Mix:
1-Bedroom Units: 18
2-Bedroom Units: 11
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
