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11- Unit Apartment Complex 2623 W Maxwell Ave 11 Unit Apartment Building $695,000 ($63,182/Unit) 7.78% Cap Rate Spokane, WA 99201



Investment Highlights
- Double Lot
- Well Maintained
- Good Location
- One AirBnB
- Newer Roof
- Individually Metered for Electricity
Executive Summary
Multi-Family Apartment Complex for sale.
Property Facts
| Price | $695,000 | Apartment Style | Low-Rise |
| Price Per Unit | $63,182 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 9,683 SF |
| Cap Rate | 7.78% | Average Occupancy | 5% |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1907 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RSF | ||
| Price | $695,000 |
| Price Per Unit | $63,182 |
| Sale Type | Investment |
| Cap Rate | 7.78% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.37 AC |
| Building Size | 9,683 SF |
| Average Occupancy | 5% |
| No. Stories | 3 |
| Year Built | 1907 |
| Opportunity Zone |
Yes |
| Zoning | RSF |
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Property Taxes
| Parcel Number | 25132.1501 | Improvements Assessment | $581,090 |
| Land Assessment | $95,810 | Total Assessment | $676,900 |
Property Taxes
Parcel Number
25132.1501
Land Assessment
$95,810
Improvements Assessment
$581,090
Total Assessment
$676,900
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11- Unit Apartment Complex | 2623 W Maxwell Ave
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