702 S Bernard St
Property Description
This 15-unit multifamily property is located on Spokane's desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 9 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,000,000 |
| No. of Units: | 15 |
| Year Built: | 1913 |
| Lot Size: | 20,732.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $133,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 18 |
| Number of Bathrooms: | 0 |
ID: 3yd-CDAARID-26-10535
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