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Updated over 1 year ago on . Most recent reply

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David Stomps
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9
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720k 10 cap 8 Unit Multifamily Apartment in Spokane, Wa - Cash Buyers Only

David Stomps
Posted

Greetings!

I have a motivated seller with an 8 unit multi-family apartment complex in Spokane, WA.

Some highlights:

- 75% occupied with background checked and fully screened tenants

- 10 CAP estimation based on existing rents and average rent for 2 vacant units

- 6 of 8 units are fully renovated and the two unrenovated units can be renovated for additional cash flow

- Complex is comprised of 2 full sized units on the first floor, 3 studios with shared bathroom on the second floor, and 3 studios with shared bathroom on the third floor

- Property is near several malls, shopping centers, grocery stores (including Trader Joes), restaurant, and major universities

If you would like more information, please DM me. We have an offering memorandum available for serious inquiries.

Thank you!

Offering
Spokane, Washington

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