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Spokane Multifamily Portfolio 2 Properties Offered at $1,967,000 in Spokane, WA



Executive Summary
A chance to acquire 18 units plus an approved duplex lot across five well-located Spokane properties. This portfolio features a desirable mix of 1- and
2-bedroom units, in-place income, and value-add upside through interior updates and rent growth.
2-bedroom units, in-place income, and value-add upside through interior updates and rent growth.
Property Facts
| Price | $1,967,000 | Number of Properties | 5 |
| Price / SF | $546.39 / SF | Individually For Sale | 0 |
| Cap Rate | 6.20% | Total Building Size | 3,600 SF |
| Sale Type | Investment | Total Land Area | 3,900.16 AC |
| Status | Active |
| Price | $1,967,000 |
| Price / SF | $546.39 / SF |
| Cap Rate | 6.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 3,600 SF |
| Total Land Area | 3,900.16 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1504 W 9th Ave, Spokane, WA 99204 | Land | 3,900.00 AC | - | - |
| 1518 W 9th Ave, Spokane, WA 99204 | Multifamily | 3,600 SF | 1954 | - |
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Spokane Multifamily Portfolio
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