Listed by LT Real Estate
$1,995,000
Cheney Multifamily Portfolio
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 9,450
Units 9
Cap Rate 5.94%
Price per SqFt $211
Buildings 4
Cheney | Multifamily Portfolio
Marketing description
Investment Opportunity! This portfolio includes three fully remodeled 4-bedroom, 2.5-bath duplexes plus a triplex at 17-21 5th Street featuring one 1-bedroom/1-bath and two 3-bedroom/2-bath units. All units offer open-concept floor plans, in-unit washers and dryers, and convenient attached garages at the 3rd Street duplexes. Located just minutes from Eastern Washington University, tenants enjoy easy access to shopping, dining, entertainment, and campus life. Combined rental income of $13,970 per month makes this an ideal opportunity for investors seeking stable cash flow in a high-demand area.
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Listed by LT Real Estate
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