155 S Oak St | Spokane, WA 99201
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- LoopNet Team
155 S Oak St
Spokane, WA 99201
Espanola Oak Apartments · Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- Well-maintained, prime value-add opportunity
- Majority of building systems updated including recent roof replacement and updated electrical panels
- Opportunity to purchase as a 56-unit portfolio with ownership's neighboring buildings, The Elm & Espanola Annex
- Opportunity to increase rents 21% as-is and 37% with renovations
- Located in one of Spokane's most desirable neighborhoods of Brownes Addition
- Walking distance to multiple bus stops, making travel throughout town easily accessible
PROPERTY FACTS
| No. Units | 31 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 21,549 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1907/1987 |
| Building Class | B | ||
| Zoning | MF | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 21,549 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1907/1987 |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Range
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | 450 |
| 1+1 | 13 | - | 530 |
| 2+1 | 15 | - | 750 - 900 |
PROPERTY TAXES
| Parcel Number | 25241.1607 | Improvements Assessment | $2,609,200 |
| Land Assessment | $100,000 | Total Assessment | $2,709,200 |
PROPERTY TAXES
Parcel Number
25241.1607
Land Assessment
$100,000
Improvements Assessment
$2,609,200
Total Assessment
$2,709,200
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