2807 E Boone Ave , 1-15

    Spokane, WA 99202
    • $1,250,000
    • STATUS: Pending Feasibility
    • ON SITE: 30 days
    • ID#: 1427246
    Under Contract
    UPDATED: 56 min ago
    $1,250,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,012
      SQFT
    • $96
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Mljackson Real Estate Llc.

    Description

    Well maintained and updated, Garry Park Apartments features 15 - 2 bed/1 bath units. Eleven units renovated with LVP, vinyl, and paint to provide a comfortable home to great tenants. RUBS currently being implemented on the majority of leases. Room to increase rents to market and have RUBS implemented for all units. Units live large with 760 SF and a balcony/patio. On-site coin-operated laundry, 15 parking off street spots, and great street parking. Minutes from Gonzaga and Spokane CC. A/C and DW

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T19:13:52.983.

    www.kimberlygartlandgroup.com/homes/92924284

    2807 E Boone Ave , 1-15 Spokane, WA 99202

    • Price: $1,250,000
    • Status: Pending Feasibility
    • Updated: 56 min ago
    • ID#: 1427246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    13,012
    SQFT
    $96
    $/SQFT
    1979
    Built
    Neighborhood:
    Spokane
    County:
    Spokane
    Area:
    Spokane County
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Spokane
    Property Description
    Well maintained and updated, Garry Park Apartments features 15 - 2 bed/1 bath units. Eleven units renovated with LVP, vinyl, and paint to provide a comfortable home to great tenants. RUBS currently being implemented on the majority of leases. Room to increase rents to market and have RUBS implemented for all units. Units live large with 760 SF and a balcony/patio. On-site coin-operated laundry, 15 parking off street spots, and great street parking. Minutes from Gonzaga and Spokane CC. A/C and DW
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Cement/ConcreteStuccoWood Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyCorner LotCurbsOpen SpacePaved StreetSidewalk Roof Composition Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 15 Uncovered Spaces 15

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 760 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 760 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 760 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 760 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 760 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 760 Unit6 Washer Dryer N Units Below Grade Y

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 6.40 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 126936 Gross Rent Multiplier 9 Gross Scheduled Income 133620 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2068 Leased Items None Lot Number 4 Net Operating Income 80253 New Construction YN No Other Expenses 15517 Possession ClosingSub. Tenant's Rights Power Company Avista Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Spokane City Site Features Cable TVDeckHigh Speed InternetPatio Tax Amount 9717 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 46683 Total Expenses TEX 46683 Total Monthly Income 11135 Unit1 Monthly Rent 730 Unit2 Monthly Rent 695 Unit3 Monthly Rent 725 Unit4 Monthly Rent 695 Unit5 Monthly Rent 665 Unit6 Monthly Rent 675 Vacancy Rate 5 Water Company Spokane City Water Sewer Garbage 19381 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-21T19:13:52.983.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Mljackson Real Estate Llc.