1627 W 7th Ave
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1627 W 7th Ave
8 Unit Apartment Building $1,644,265 CAD ($205,533 CAD/Unit) 6% Cap Rate Spokane, WA 99204
Investment Highlights
- On Site Laundry Facilities
- Brick Exterior & Carport Parking
- Rental Income of $6,798/Month
Executive Summary
4 - 1 Beds, 2 - 2 Beds & 2 Studios
On Site Laundry Facilities
Rental Income of $8,647/Month
Brick Exterior & Carport Parking
Great South Hill Location Close to 1-90
Walking Distance to Restaurants, Shopping
& Parks
On Site Laundry Facilities
Rental Income of $8,647/Month
Brick Exterior & Carport Parking
Great South Hill Location Close to 1-90
Walking Distance to Restaurants, Shopping
& Parks
Property Facts
Price | $1,644,265 CAD | Building Class | C |
Price Per Unit | $205,533 CAD | Lot Size | 0.16 AC |
Sale Type | Investment | Building Size | 7,876 SF |
Cap Rate | 6% | Average Occupancy | 100% |
No. Units | 8 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1956 |
Property Subtype | Apartment | Parking Ratio | 0.51/1,000 SF |
Apartment Style | Low Rise | Opportunity Zone |
Yes
|
Price | $1,644,265 CAD |
Price Per Unit | $205,533 CAD |
Sale Type | Investment |
Cap Rate | 6% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.16 AC |
Building Size | 7,876 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1956 |
Parking Ratio | 0.51/1,000 SF |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 2 | - | - |
2+1 | 2 | - | - |
1+1 | 4 | - | - |
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Walk Score ®
Very Walkable (77)
Transit Score ®
Excellent Transit (88)
PROPERTY TAXES
Parcel Number | 25244.3506 | Improvements Assessment | $843,651 CAD |
Land Assessment | $159,572 CAD | Total Assessment | $1,003,222 CAD |
PROPERTY TAXES
Parcel Number
25244.3506
Land Assessment
$159,572 CAD
Improvements Assessment
$843,651 CAD
Total Assessment
$1,003,222 CAD
zoning
Zoning Code | MF (Multifamily) |
MF (Multifamily) |
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1627 W 7th Ave
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