1800 N Spokane St - Apartments FOR SALE


Post Falls, ID 83854
$4,500,000 USD
208-765-5554
1800 N Spokane St, Post Falls, ID for Sale
$4,500,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

1800 N Spokane St
Post Falls, ID 83854


HIGHLIGHTS

  • Fully rented
  • City Water & City Sewer

OVERVIEW

A rare opportunity awaits in the heart of Post Falls, Idaho, with this 22-unit condo development. Currently operated and managed as fully rented apartments, the property features four spacious 3-bedroom, 2-bath units and eighteen 2-bedroom, 1-bath units. All units can be sold individually per city guidelines, offering incredible flexibility for investors or developers. Recent updates include new roofs installed last year, and the buildings and grounds are impeccably maintained. Located on Spokane Street, residents enjoy easy access to waterfront parks, schools, restaurants, and quick connections to Interstate 90. Just 15 minutes from Coeur d'Alene and 30 minutes to downtown Spokane, this property is perfectly positioned for convenience and growth. Financials and proforma are available upon request. Opportunities like this don't come along often! Act now. Please do not disturb tenants. See document tab for all rent roles and county information. Financials available upon request.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

22

PRICE/UNIT

$204,545

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

R-3 High Density

APN/PARCEL ID

PJ41600000EA

ASK ABOUT THIS PROPERTY

Jared McFarlandCentury 21 Beutler & AssociatesMore Info
208-765-5554

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jared McFarlandCentury 21 Beutler & AssociatesMore Info
208-765-5554

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.