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916 N Ella Rd
Spokane Valley, WA 99212

Park Place Apartments · Residential Property For Sale · 65 Units

Investment Highlights

  • Over $1,000,000 in Renovations Completed in 2022 – Heavy Lifting Complete
  • Rare Single-Story Construction Offering Tenants Quiet Living. No Maintenance Costs for External Stairs, or Balconies
  • Tenants Billed Directly for all Utilities and Pay Additional CAM Fee
  • 74% of the Units Have Yet to be Fully Renovated. Renovated Units Achieve Approximately $300 Rent Premiums
  • 51 Private Garages, 24 Storage Units

PROPERTY FACTS

No. Units 65
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.27 AC
Building Size 48,690 SF
Average Occupancy 94%
Number of Floors 1
Year Built 1977
Parking Ratio 2.59/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Fireplace
  • Storage Space
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Grill

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Grill
  • Pet Play Area

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 24 - 560
2+1 20 - 750
2+1.5 20 - 950
3+2 1 - 1,250

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
45182.9180
Land Assessment
£760,867
Improvements Assessment
£6,540,532
Total Assessment
£7,301,399

zoning

Zoning Code MF-2
MF-2
  • Listing ID: 28379272

  • Date on Market: 02/05/2023

  • Last Updated:

  • Address: 916 N Ella Rd, Spokane Valley, WA 99212

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