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New Construction Apartment Portfolio 2 Multifamily Properties Offered at $26,556,885 CAD in Spokane Valley, WA
Investment Highlights
- 83 Units Total Across Two New Construction Properties
- Modern Unit Finishes – LVP Flooring, Quartz Countertops & Open Floor Plans
- Prime Spokane Valley Location – Minutes to Shopping, Restaurants & I-90
- $121,304 Combined Monthly Rental Income
- In-Unit Washers & Dryers + Covered/Carport Parking
Executive Summary
Nathan and Marx Apartments present the opportunity to acquire a newly constructed 83-unit multifamily portfolio in Spokane Valley. The portfolio consists of 32 units at Marx Apartments and 51 units at Nathan Apartments, generating approximately $121,304 in combined monthly rental income. Units feature modern finishes including LVP flooring, quartz countertops, stainless steel appliances, in-unit washers and dryers, spacious floor plans, and private balconies, with carport and covered parking available or planned for residents.
The properties are conveniently located near Spokane Valley shopping and restaurants, Central Valley schools, University High School, and Interstate 90, providing excellent accessibility and strong rental demand in one of the Valley’s most desirable residential corridors.
The properties are conveniently located near Spokane Valley shopping and restaurants, Central Valley schools, University High School, and Interstate 90, providing excellent accessibility and strong rental demand in one of the Valley’s most desirable residential corridors.
Property Facts
| Price | $26,556,885 CAD | Number of Properties | 2 |
| Price / SF | $280.63 CAD / SF | Individually For Sale | 2 |
| Cap Rate | 5.88% | Total Building Size | 94,634 SF |
| Sale Type | Investment | Total Land Area | 3.72 AC |
| Status | Active |
| Price | $26,556,885 CAD |
| Price / SF | $280.63 CAD / SF |
| Cap Rate | 5.88% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 94,634 SF |
| Total Land Area | 3.72 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Nathan
15922 E Valleyway Ave, Spokane Valley, WA 99037 |
Multifamily | 54,634 SF | 2023 | $16,334,835 CAD |
|
The Marx
3905 S Dishman Mica Rd, Spokane Valley, WA 99206 |
Multifamily | 40,000 SF | 2023 | $10,222,050 CAD |
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