Bought with Kidder Mathews
$3,595,000
$3,725,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
23,400 SqFt
SOLD DATE : 02/07/2024
Key Details
Sold Price $3,595,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 23,400 sqft
Price per Sqft $153
Subdivision Airway Heights
MLS Listing ID 2171487
Sold Date 02/07/24
Style 56 - 10+ Units
Year Built 2017
Annual Tax Amount $23,567
Lot Size 0.692 Acres
Lot Dimensions 30125
Property Description
Great investment opportunity for a buyer looking to expand their portfolio in Eastern WA. Located in the growing city of Airway Heights with year over year job and population growth, buyers will benefit from increasing rental demand. Currently owned and operated as successful short-term rentals but can easily be transitioned to marketed rate apartments. Also can be purchased as a portfolio including the owner's 1988 vintage (remodeled 2022), 32 unit apartment located in Spokane (Turning Leaf Townhomes).
Location
State WA
County Spokane
Area 561 - Spokane County
Interior
Interior Features Hardwood
Flooring Hardwood
Fireplace false
Exterior
Exterior Feature Wood Products
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Spokane
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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