10211 E. 14TH AVE.
Unique with Upside
43 Units occupy a totally unique 3 acre site in a prime residential area of the Spokane Valley. There is up-side in rents and huge portential for hands on owner.
Assume existing low interest rate loan of $1,170,000.
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Price:
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$ 1,800,000
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Units:
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43
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Sq Foot:
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35,550
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Age:
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1973
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Cost/Unit:
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$ 41,860
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Cost/Sq Ft:
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$ 50
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| Unit Mix: |
| Number | Bedrooms | Baths |
| 30 | 2 | 1 |
| 12 | 1 | 1 |
| 1 | 3 | 1 |
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Gross Scheduled Income:
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$ 244,800
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Gross Rent Multipler:
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7.4
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Operating Expense:
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$ 137,156
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*Taxes:
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$ 16,155
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Net Operating Income:
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$ 102,561
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Capitalization Rate:
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5.7
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*Taxes are included in operating expense
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Back to Property List
Call or e-mail
me if you have specific
requests --
I HAVE OTHERS!
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Each Office Is Independently
Owned And Operated.
SCHNEIDMILLER REALTY
2000 Northwest Blvd
Coeur d'Alene, ID 83814
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208 765-4300
800 829-2555
509-255-5155 |
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