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11- Unit Apartment Complex 2623 W Maxwell Ave 11 Unit Apartment Building $795,000 ($72,273/Unit) 6.80% 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 | $795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $72,273 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 9,683 SF |
| Cap Rate | 6.80% | Average Occupancy | 5% |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1907 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RSF | ||
| Price | $795,000 |
| Price Per Unit | $72,273 |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| 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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