3004 E Boone Ave
Property Description
SVN Cornerstone is pleased to present the Boone Apartments and Mini Storage for sale located at 3004 E Boone Ave in Spokane's Chief Garry Park neighborhood. The property consists of eight 1 bedroom 1 bathroom apartment units and 28 mini storage units. The property features five recently remodeled apartment units, a common laundry room with two washers and two dryers, 10 on site parking spaces for apartment tenants in addition to ample street parking, and a secured gated entrance for the mini storage tenants. Combination of apartment and mini storage income provides multiple revenue sources with pricing below recent sales comparables at approximately $106,250 per apartment unit and $17,857 per mini storage unit. Apartment units are currently 100% occupied and feature off street parking and common area laundry, while the mini storage portion of the property includes a locked gate for additional security Interior Unit Upgrades Updated Major Systems Central Spokane LocationBroker Details
SVN Cornerstone Commercial 509-321-2000
MLS ID: 13291 State License Number: 1271842
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,350,000 |
| No. of Units: | 36 |
| Year Built: | 1976 |
| Lot Size: | 9,294.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $37,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 0 |
ID: 3yd-CDAARID-26-5058
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