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1619 N Madison St 6 Unit Apartment Building $826,680 CAD ($137,780 CAD/Unit) 7% Cap Rate Spokane, WA 99205
EXECUTIVE SUMMARY
SELLER FINANCING ONLY - 5% Interest with a 25% down payment
7% Cap Rate | 120k/Unit
7% Cap Rate | 120k/Unit
PROPERTY FACTS
| Price | $826,680 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $137,780 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7% | Building Size | 5,684 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1914/2014 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Zoning | RTF | ||
| Price | $826,680 CAD |
| Price Per Unit | $137,780 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,684 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1914/2014 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | RTF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 35073.4506 | Improvements Assessment | $477,099 CAD |
| Land Assessment | $49,842 CAD | Total Assessment | $526,941 CAD |
PROPERTY TAXES
Parcel Number
35073.4506
Land Assessment
$49,842 CAD
Improvements Assessment
$477,099 CAD
Total Assessment
$526,941 CAD
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1619 N Madison St
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