5 Plex Townhouses (100% Occupied)
$1,850,000
12402 East Broadway Avenue, Spokane, WA 99216
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 04/29/2025
5
Pro Forma Cap Rate
2020
Year Built
Details:
Pro Forma Cap Rate : 5%
Year Built: 2020
Highlights:
- 100% Full
- Higher Rents can be achieved
- Near schools, shopping, medical and work
- Newer Construction
- Oversized Units
Description:
100% Leased, Prime Valley Luxury Townhouses (5-Plex) for sale. Rents range from $1,950 to $2,150 per Unit. Projected Market Rents: $2,300 per Month with a 5% CAP. $180.00 per Square Foot value. Centrally located in the heart of the Spokane Valley and near a variety of amenities. Deluxe oversized units consisting of 3 bedrooms and 3 bathrooms per townhouse with upgraded finishes. This well maintained property is elite for any investor buyer looking to buy a newer investment property and avoid new development expenses. Great potential Airbnb or Condo.
Documents:
| Title | ||
|---|---|---|
|
Valley_Broadway_Townhouses_Spring25.pdf
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
