701 S Felts Rd - Apartments FOR SALE


Spokane Valley, WA 99206
$2,595,000 USD
509-954-7083
701 S Felts Rd, Spokane Valley, WA for Sale
$2,595,000 USD
Apartments - FOR SALE
1/26
null | 5.8% Cap Rate

701 S Felts Rd
Spokane Valley, WA 99206


OVERVIEW

BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. The modern design features many upgrades including stainless appliance package, durable LVP flooring, white shaker cabinetry w/ soft close drawers, and granite counters throughout. The excellent location and luxury feel of the units is sure to attract high quality tenants. One unit is fully furnished and grossing $3300/moas an Airbnb. Each unit has an attached 1-car garage, and there are three additional detached garages for extra income potential.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

7

PRICE/UNIT

$370,714

CAP RATE

5.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

701 S. Felts Road Buildings A&B

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,385 SF

ZONING

-

APN/PARCEL ID

45201.1326

ASK ABOUT THIS PROPERTY

Seth MaefskyKeller Williams Realty IncMore Info
509-954-7083

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

Seth MaefskyKeller Williams Realty IncMore Info
509-954-7083

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