805 W Alice Ave | Spokane, WA 99205
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- LoopNet Team
805 W Alice Ave
Spokane, WA 99205
Alice Apartments · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Well-maintained, prime value-add opportunity
- Blueprints in-hand to add an additional 2x1+Den unit in the basement
- Located in a family friendly neighborhood surrounded by schools, parks, jobs, & more
- Increase rents 13% with as-is unit interiors and 54% with renovations
- Large units with back patios and yard space
- Situated near multiple bus stops, making travel throughout town easily accessible
PROPERTY FACTS
| No. Units | 5 | Building Size | 5,820 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | RMF | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,820 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | RMF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 35063.3507 | Improvements Assessment | $418,200 |
| Land Assessment | $54,000 | Total Assessment | $472,200 |
PROPERTY TAXES
Parcel Number
35063.3507
Land Assessment
$54,000
Improvements Assessment
$418,200
Total Assessment
$472,200
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