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1711 W 10th Ave 12 Unit Apartment Building $1,730,000 ($144,167/Unit) 7.49% Cap Rate Spokane, WA 99204



INVESTMENT HIGHLIGHTS
- 12- 2 Bed/1 Bath Units
- Each Unit Features In-Unit Laundry, Dishwasher, and Private Balcony/Patio
- Rental Income of $15,200/Month
EXECUTIVE SUMMARY
·12- 2 Bed/1 Bath Units
·Rental Income of $15,200/Month
·Each Unit Features In-Unit Laundry, Dishwasher, and Private Balcony/Patio
·Carport Parking
·Great South Hill Location
·Rental Income of $15,200/Month
·Each Unit Features In-Unit Laundry, Dishwasher, and Private Balcony/Patio
·Carport Parking
·Great South Hill Location
PROPERTY FACTS Under Contract
| Price | $1,730,000 | Apartment Style | Low-Rise |
| Price Per Unit | $144,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 7.49% | Building Size | 24,261 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R1 | ||
| Price | $1,730,000 |
| Price Per Unit | $144,167 |
| Sale Type | Investment |
| Cap Rate | 7.49% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 24,261 SF |
| No. Stories | 3 |
| Year Built | 1974 |
| Opportunity Zone |
Yes |
| Zoning | R1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 25244.1402 | Improvements Assessment | $1,201,000 |
| Land Assessment | $126,500 | Total Assessment | $1,327,500 |
PROPERTY TAXES
Parcel Number
25244.1402
Land Assessment
$126,500
Improvements Assessment
$1,201,000
Total Assessment
$1,327,500
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1711 W 10th Ave
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