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3001 E Upriver Dr
Spokane, WA 99207 Minnehaha

$2,900,000 USD

Apartments For Sale  •  17,850 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,850 SF
  • Lot Size 0.93 AC
  • Building Class C
  • Year Built 1979
  • Cap Rate 6.64 %
  • Zoning RMF
43 Transit Score
30 Walk Score

Highlights

Well-maintained, value-add apartment building
Highly desired location along the Spokane River
Attractive amenities including full sized sports court, covered parking, large decks, and air conditioning
Large layouts featuring a majority of 2-bedroom units
Increase rents 14% as-is and 24% with renovations
Ample additional land providing future development opportunity

Property Flyers

Cap Rate: 6.64 %

Amenities

  • Air Conditioning
  • Balcony
  • Basketball Court
  • Lawn
  • Porch

Public Transportation

Commuter RailDriveWalkDistance
10 min - 3.6 mi
AirportDriveWalkDistance
Spokane International 18 min - 10.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Max Frame 509-494-3116 Kidder Mathews
Max Frame 509-494-3116 Kidder Mathews