Spokane, WA 2 bed occupancy rate at 98.9%, renters need housing.

Spokane, WA 2 bed occupancy rate at 98.9%, renters need housing.

Realtor · Spokane, WA · Member since 2018 · 5 posts · 5 votes
Spokane, Washington renters need investors to buy and rent out more homes. According to an article published by a local news agency, KHQ, on January 16, the availability of 2 bedroom homes in Spokane is currently only 1.1%. Although these little houses are unlikely to meet the 1% rent rule, the entry cost for a turnkey rental is well under $175k and will allow for positive cash flow. This is a win-win opportunity to provide much needed housing to our area while building your portfolio with cash-flowing properties. Please take a look at our market here in the Inland Pacific Northwest and consider helping with our current lack of housing for an integral population.
3Reply
17 views

1 Reply

Jump to latestLatest
  • Developer · Seattle, WA · Member since 2018 · 90 posts · 47 votes
    7y

    @Katie Freeman great post, Katie. I’m looking at a potential development project in Spokane of a quadplex. Can you PM me any recommendations you have for builders, developers, GCs, etc?

Join the conversationCreate a free account to reply, vote on answers and follow this thread.