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The Fairview Apartments 547-557 E Fairview Ave

6 Unit Block of Flats £536,822 (£89,470/Unit) 6.51% Net Initial Yield Spokane, WA 99207

INVESTMENT HIGHLIGHTS

  • Stabilized & Fully Rented
  • Updates to Units & Exterior
  • Rental Income of $5,155/Month

EXECUTIVE SUMMARY

• 6 - 1 Bed/1 Bath Units
• Stabilized & Fully Rented
• Rental Income of $5,285/Month
• Carports & Off Street Parking
• Updates to Units & Exterior
• Located Close to Schools & Parks

ATTACHMENTS

547 E Fairview Flyer-3

PROPERTY FACTS

Price £536,822 Apartment Style Low Rise
Price Per Unit £89,470 Building Class C
Sale Type Investment Lot Size 0.12 AC
Net Initial Yield 6.51% Building Size 4,902 SF
No. Units 6 Number of Floors 2
Property Type Multifamily Year Built 1958
Property Subtype Apartment Parking Ratio 2.45/1,000 SF
Price £536,822
Price Per Unit £89,470
Sale Type Investment
Net Initial Yield 6.51%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 4,902 SF
Number of Floors 2
Year Built 1958
Parking Ratio 2.45/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
1+1 6 - 750
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PROPERTY TAXES

Parcel Number 35082.0312 Improvements Assessment £396,000
Land Assessment £63,122 Total Assessment £459,122

PROPERTY TAXES

Parcel Number
35082.0312
Land Assessment
£63,122
Improvements Assessment
£396,000
Total Assessment
£459,122

ZONING

Zoning Code RSF
RSF
(509) 315-8720

CONTACTS

  • Listing ID: 33567713

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 547-557 E Fairview Ave, Spokane, WA 99207

The Logan Multifamily Property at 547-557 E Fairview Ave, Spokane, WA 99207 is currently available. Contact LT Real Estate for more information.

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The Fairview Apartments | 547-557 E Fairview Ave
(509) 315-8720 x

The Fairview Apartments | 547-557 E Fairview Ave

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Dallas Lightner

(509) 315-8720

(509) 315-8720

Ryan Towner

(509) 481-0373

(509) 481-0373

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