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29725411
29725413

2012 N Park Rd, Spokane Valley, WA 99212

RT
WA 24027253
LT Real Estate
DL
WA 26840
LT Real Estate
Listed by LT Real Estate
$970,000
124 days on market
Updated 57 days ago

2012 North Park Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,780
Units 8
Cap Rate 6.86%
NOI $66,544
Price per SqFt $203
Year Built 1956
Buildings 1
Stories 1
Lot Size (SqFt) 6,635
Ground Lease No

2012 North Park Road - Multifamily Investment Opportunity

Marketing description

This well-maintained 8 property offers a mix of 2-bedroom, 1-bath and 1-bedroom, 1-bath units, making it an ideal income-producing investment. Each unit is designed for comfortable, low-maintenance living, appealing to a wide range of tenants.

Units feature bright, open-concept floor plans filled with natural light and durable LVP flooring throughout the main living areas. Kitchens include tile accents and stylish butcher block countertops, combining functionality with updated finishes. Bedrooms are generously sized with ample closet space.

Additional amenities include off-street parking and on-site laundry facilities. Centrally located near shopping, dining, parks, and easy freeway access.

Investment highlights

Listing Contacts

RT
WA 24027253
LT Real Estate
DL
WA 26840
LT Real Estate
Listed by LT Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,544.00
$5,545.33/mo

Valuation Metrics

0
DSCR
6.86%
Cap Rate
6.86%
ROI

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Additional Information

Name
Ryan Towner
License
24027253
Brokerage
LT Real Estate
Title
Real Estate Broker
Brokerage Address
902 West Garland Avenue
Name
Dallas Lightner
License
26840
Brokerage
LT Real Estate
Title
Designated/Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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