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Brand New 36 Unit Apartment Complex! 1651 E North Foothills Dr

36 Unit Block of Flats £7,049,700 (£195,825/Unit) Spokane, WA 99207

Executive Summary

Construction is underway now! Need a new, low maintenance property for your investment portfolio? This brand new 36-unit apartment complex will be ready to start leasing up in 2025. 12-two bed, two bath units and 24-one bed, one bath units. Beautiful finishes include durable laminate cabinets, laminate floors, stainless appliances and hard surface counters and window sills. Less than two miles from both Gonzaga University and Spokane Community College and only three blocks from Gonzaga Prep School. Will work with your 1031 exchange. These are the perfect, low maintenance units for your investment portfolio. **Photos of Apartment Building are Artist Renderings, Not Exact Building**

Property Facts

Price £7,049,700
Price Per Unit £195,825
Sale Type Investment
No. Units 36
Property Type Residential
Property Subtype Apartment
Building Class B
Lot Size 1.43 AC
Construction Status Under Construction
Building Size 31,950 SF
Number of Floors 3
Year Built 2025

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 12 - -
1+1 24 - -
  • Listing ID: 34111682

  • Date on Market: 06/12/2024

  • Last Updated:

  • Address: 1651 E North Foothills Dr, Spokane, WA 99207

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