2003 W 10th Ave 5 Unit Apartment Building $625,000 ($125,000/Unit) 7.11% Cap Rate Spokane, WA 99204
INVESTMENT HIGHLIGHTS
- Rental Income of $4,223/Month
- Potential to Add Additional Units
- On Site Laundry Facilities & Off Street Parking
EXECUTIVE SUMMARY
3 - 1 Bed Units, 1 - 2 Bed Unit, & 1 Studio Unit
Rental Income of $5,192/Month
On Site Laundry Facilities & Off Street Parking
Recent Unit Updates & Architectural Charm
Great South Hill Location Close to 1-90
Potential to Add Additional Units
Walking Distance to Restaurants, Shopping &
Parks
Rental Income of $5,192/Month
On Site Laundry Facilities & Off Street Parking
Recent Unit Updates & Architectural Charm
Great South Hill Location Close to 1-90
Potential to Add Additional Units
Walking Distance to Restaurants, Shopping &
Parks
PROPERTY FACTS
| Price | $625,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 7.11% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 4,278 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | RSF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 25244.2001 | Improvements Assessment | $426,970 |
| Land Assessment | $114,430 | Total Assessment | $541,400 |
