Description
Brand new construction 6 plex located in the heart of the Spokane Valley. Quick access to all areas of town including the colleges, universities, hospitals and freeway. The project is built in 2 buildings, with 3 townhome style units in each building. All units are identical with appx 1800 sq ft 3 bedroom, 2.5 bathroom and 2 car garages. Hardi board lap siding, Huntwood cabinets, Laminate floors on the main floor, carpet upstairs, stainless appliances and mini splits for HVAC. Rents in the area are approximately $2500-3000 per month. Completion date is estimated to be April/May of 2023. One building is in flooring/cabinets stage and will be complete April. Second building in sheetrock stage. Will work with your 1031 exchange. Sellers are licensed real estate agents in Washington state. Estimated Cap Rate to be 6.16%.
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0BEDS
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0.61ACRES
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0BATHS
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01/2 BATHS
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10,800SQFT
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$236$/SQFT
School Information
Description
Brand new construction 6 plex located in the heart of the Spokane Valley. Quick access to all areas of town including the colleges, universities, hospitals and freeway. The project is built in 2 buildings, with 3 townhome style units in each building. All units are identical with appx 1800 sq ft 3 bedroom, 2.5 bathroom and 2 car garages. Hardi board lap siding, Huntwood cabinets, Laminate floors on the main floor, carpet upstairs, stainless appliances and mini splits for HVAC. Rents in the area are approximately $2500-3000 per month. Completion date is estimated to be April/May of 2023. One building is in flooring/cabinets stage and will be complete April. Second building in sheetrock stage. Will work with your 1031 exchange. Sellers are licensed real estate agents in Washington state. Estimated Cap Rate to be 6.16%.
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