Log In/Sign Up
Your email has been sent.
7307 E 6th Ave
Spokane Valley, WA 99212
Sixth Avenue Apartments · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Spokane Valley location with lower utility costs, 120 day rent increase notices versus 180 days in the City of Spokane &fewer regulatory restrictions
- The cottage sits on its own portion of the large 0.42 acre lot and may provide the opportunity for a future subdivision and separate sale
- Covered carports and common area washer and dryer facilities provide additional income potential
- Interior and Exterior Upgrades
- Romex electrical wiring, Siemens electrical panels, & updated PEX & galvanized plumbing will help simplify insurance
Executive Summary
SVN Cornerstone is pleased to present the Sixth Avenue Apartments for sale located at 7307 E 6th Ave in the Spokane Valley. The Sixth Avenue Apartments consist of 6 units, including 1 two bedroom one bathroom unit, 4 one bedroom one bathroom units, and 1 studio cottage located on the same parcel. The property also features a common area coin operated washer and dryer, covered tenant carports, a storage shed, ample off street parking, and a patio area for tenants.
Property Facts
| Price Per Unit | $116,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Cap Rate | 6.16% | Building Size | 2,940 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1956 |
| Property Subtype | Apartment | ||
| Zoning | R-3 | ||
| Price Per Unit | $116,500 |
| Sale Type | Investment |
| Cap Rate | 6.16% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 2,940 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Zoning | R-3 |
Property Taxes
| Parcel Number | 35241.3621 | Improvements Assessment | $351,010 |
| Land Assessment | $110,490 | Total Assessment | $461,500 |
Property Taxes
Parcel Number
35241.3621
Land Assessment
$110,490
Improvements Assessment
$351,010
Total Assessment
$461,500
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
