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5012 N Regal St 10 Unit Apartment Building $1,125,000 ($112,500/Unit) 5.75% Cap Rate Spokane, WA 99217
Investment Highlights
- 9 - Studios/1B Units & 1 - 1 BD/1B Unit
- Centrally located in Spokane near shopping, dining, entertainment, and public transportation
- Monthly Rental Income of $7,535.00
Executive Summary
Spokane Investment Opportunity - 9-unit studio apartment building plus a separate 1-bedroom, 1-bath single-family residence, situated on a single parcel, in a centrally located Spokane neighborhood near downtown. Each unit is designed for low-maintenance living and strong tenant appeal. Convenient access to downtown, shopping, dining, and public transportation.
Property Facts
| Price | $1,125,000 | Building Class | C |
| Price Per Unit | $112,500 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,898 SF |
| Cap Rate | 5.75% | No. Stories | 2 |
| No. Units | 10 | Year Built | 1910 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | RHD | ||
| Price | $1,125,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,898 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
| Zoning | RHD |
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Property Taxes
| Parcel Number | 36343.2012 | Improvements Assessment | $820,800 |
| Land Assessment | $50,800 | Total Assessment | $871,600 |
Property Taxes
Parcel Number
36343.2012
Land Assessment
$50,800
Improvements Assessment
$820,800
Total Assessment
$871,600
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5012 N Regal St
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