Listed by SVN | Cornerstone
$645,000
Seventh Apartments
Details
APN 25244.3306
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,919
Units 6
Cap Rate 5.93%
Price per SqFt $165
Year Built 1902
Buildings 2
Stories 2
Acreage 0.160
Zoning RMF
Investment Type Stabilized
6 Unit Apartment in Cliff-Cannon Neighborhood. Available as part of a portfolio or individually
Marketing description
SVN Cornerstone is pleased to present the Spokane 29 Unit Portfolio for sale located in Spokane, WA. The Spokane 32 Unit Portfolio consists of The Villa Maria Apartments (15 units), Astor Apartments (8 units), and Seventh Apartments (6 units). All three properties have been very well maintained, and renovations have been completed across each property.
Investment highlights
SEVENTH APARTMENTS (1427 W 7TH AVE)
- Unit mix includes 5 1 bed/1 bath units and 1 studio
- 3 on site parking spaces in addition to ample street parking
- $30,000 in capital improvements, including new water heaters and exterior paint
- Upgraded copper electrical wiring
- One unit located in a separate building on the same lot
Listing Contacts
Listed by SVN | Cornerstone
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
