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3018 E Olympic Ave 4 Unit Apartment Building $450,000 ($112,500/Unit) 7.57% Cap Rate Spokane, WA 99217
Investment Highlights
- Located Near Spokane Community College
- Garages For Additional Income
Executive Summary
- 3 - 1 Bed Units & 1 - 2 Bed Unit
- Garages For Additional Income
- Located Near Spokane Community College
- Monthly Rental Income of $3,835
- Garages For Additional Income
- Located Near Spokane Community College
- Monthly Rental Income of $3,835
Property Facts
| Price | $450,000 | Building Class | C |
| Price Per Unit | $112,500 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,075 SF |
| Cap Rate | 7.57% | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/1975 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | CC1 | ||
| Price | $450,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| Cap Rate | 7.57% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,075 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/1975 |
| Opportunity Zone |
Yes |
| Zoning | CC1 |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 36343.2203 | Improvements Assessment | $296,600 |
| Land Assessment | $65,000 | Total Assessment | $361,600 |
Property Taxes
Parcel Number
36343.2203
Land Assessment
$65,000
Improvements Assessment
$296,600
Total Assessment
$361,600
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3018 E Olympic Ave
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