Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

964 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

620 S Cedar St

8 Unit Block of Flats £1,095,430 (£136,929/Unit) 6.23% Net Initial Yield Spokane, WA 99204

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

8 Completely Remodeled Studio Units
5 Long Term Units & 3 Short Term Rentals
Rental Income of $9,670/Month
Great Location on the South Hill
Mini Split Heat/AC in Each Unit
On Site Laundry Facilities & Carport Parking

620 S Cedar Flyer-5

Property Facts

Price	£1,095,430	Building Class	C
Price Per Unit	£136,929	Lot Size	0.10 AC
Sale Type	Investment	Building Size	4,500 SF
Net Initial Yield	6.23%	Average Occupancy	100%
No. Units	8	Number of Floors	3
Property Type	Residential	Year Built	1954
Property Subtype	Apartment	Parking Ratio	1.3/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,095,430
Price Per Unit	£136,929
Sale Type	Investment
Net Initial Yield	6.23%
No. Units	8
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.10 AC
Building Size	4,500 SF
Average Occupancy	100%
Number of Floors	3
Year Built	1954
Parking Ratio	1.3/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.