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$5,000,000

1463 days
Rental|Built 1976
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Great investor opportunity on the South Hill! This 28 unit apartment complex is close to schools and shopping with a beautiful green area and mature trees on the property. (14) 1 Bed/1 Bath Units & (14) 2 Bed/1 Bath Units Upside on Rents Great South Hill Location $219,000 NOI 4.38% Cap Rate

Sale Summary

Sold Price

$4,800,000

List Price

$5,000,000

Sale vs List

-4%

Close Date

Oct 31, 2022

Financing

Cash

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1976

County

Spokane

Lot Size

1.26 acres

Schools

Elementary: Spokane Dist 81

Days to Sell

44 days

MLS #

SAR202222864

Parcel #

35331.0308

MLS Area

A210/047

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Sep 16, 2022

Went Pending

Sep 30, 2022

Status Changed

Nov 29, 2022

Last MLS Update

Dec 3, 2022

MLS Branch

1041

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Vinyl Siding

Structure Type

Two Story

Roof

Composition

Basement

None

Heating

Electric

Parking

CarportOff Site

Listed By

Ryan Towner

LT Real Estate

Estimated Monthly Payment

$27,083/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1976
Lot Size1.26 acres
StatusClosed

Location

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