927 S Adams St 6 Unit Apartment Building $729,485 ($121,581/Unit) 7.53% Cap Rate Spokane, WA 99204
INVESTMENT HIGHLIGHTS
- Rental Income of $6,478/Month
- On Site Laundry Facilities
- 5 - 1 Bed Units, 1 - 2 Bed Unit
EXECUTIVE SUMMARY
- 5 - 1 Bed Units, 1 - 2 Bed Unit
- Rental Income of $6,578/Month
- On Site Laundry Facilities
- Brick Exterior
- Late 19th-Century Style- Natural Oak
- Floors, Woodwork, and Large Windows
- Parcel # 35193.1108
- Rental Income of $6,578/Month
- On Site Laundry Facilities
- Brick Exterior
- Late 19th-Century Style- Natural Oak
- Floors, Woodwork, and Large Windows
- Parcel # 35193.1108
PROPERTY FACTS
| Price | $729,485 |
| Price Per Unit | $121,581 |
| Sale Type | Investment |
| Cap Rate | 7.53% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,798 SF |
| No. Stories | 3 |
| Year Built | 1909 |
| Opportunity Zone |
Yes |
| Zoning | RMF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
1 of 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 35193.1108 | Improvements Assessment | $488,800 |
| Land Assessment | $105,600 | Total Assessment | $594,400 |
