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220 S Elm St 14 Unit Apartment Building $1,907,024 CAD ($136,216 CAD/Unit) 6.51% Cap Rate Spokane, WA 99201
Investment Highlights
- Located in Historic Browne’s District
- Updated Units
- Close to Restaurants & Shopping
- Brick Exterior & Vinyl Windows
Executive Summary
• 14 Studio Units
• Located in Historic Browne’s District
• Close to Restaurants & Shopping
• Updated Units
• Brick Exterior & Vinyl Windows
• *Sellers are Licensed Brokers in Washington State
• Located in Historic Browne’s District
• Close to Restaurants & Shopping
• Updated Units
• Brick Exterior & Vinyl Windows
• *Sellers are Licensed Brokers in Washington State
Property Facts
| Price | $1,907,024 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $136,216 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 6.51% | Building Size | 7,312 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.64/1,000 SF |
| Zoning | Commercial - Commercial | ||
| Price | $1,907,024 CAD |
| Price Per Unit | $136,216 CAD |
| Sale Type | Investment |
| Cap Rate | 6.51% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 7,312 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | Commercial - Commercial |
Amenities
Unit Amenities
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,618,342 CAD | |
| Land Assessment | $270,870 CAD | Total Assessment | $3,889,212 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$270,870 CAD
Improvements Assessment
$3,618,342 CAD
Total Assessment
$3,889,212 CAD
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220 S Elm St
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