Log In/Sign Up
Your email has been sent.
Spokane 29 Unit Portfolio 3 Multifamily Properties Offered at $2,640,000 in Spokane, WA
Investment Highlights
- Four property portfolio totaling 32 units across multiple locations, reducing risk and providing a balanced income stream
- Currently self managed, showing the portfolio is simple to operate and easy to transition to new ownership
- Ability to sell as a portfolio or individually, providing multiple strategies to maximize value on disposition
- Well maintained properties with recent renovations and in place income, offering immediate cash flow with limited near term capital needs
- Close proximity of assets allows for efficient management, maintenance, and leasing across the portfolio
Executive Summary
SVN Cornerstone is pleased to present the Spokane 29 Unit Portfolio for sale located in Spokane, WA. The Spokane 29 Unit Portfolio consists of The Villa Maria Apartments (15 units), Astor Apartments (8 units), and Seventh Apartments (6 units). All three properties have been very well maintained, and renovations have been completed across each property.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,640,000 | Number of Properties | 3 |
| Price / SF | $140.85 / SF | Individually For Sale | 0 |
| Cap Rate | 6.14% | Total Building Size | 18,744 SF |
| Sale Type | Investment | Total Land Area | 0.49 AC |
| Status | Active |
| Price | $2,640,000 |
| Price / SF | $140.85 / SF |
| Cap Rate | 6.14% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 18,744 SF |
| Total Land Area | 0.49 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2228 N Astor St, Spokane, WA 99207 | Multifamily | 7,494 SF | 1906 | - |
| 418 E Mission Ave, Spokane, WA 99202 | Multifamily | 6,000 SF | 1905 | - |
| 1427 W 7th Ave, Spokane, WA 99204 | Multifamily | 5,250 SF | 1902 | - |
1 1
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Spokane 29 Unit Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.