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6603 N Standard St
Spokane, WA 99208 Nevada Lidgerwood

$2,700,000 USD

Apartments For Sale  •  22,800 SF

Property Details

  • Property Type Apartments
  • Total Building Size 22,800 SF
  • Lot Size 1.3 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 6.49 %
  • Zoning RMF
42 Transit Score
67 Walk Score

Highlights

15 renovated units with new finishes; 5 feature in-unit washer/dryers plus shared laundry.
20 covered carports with guest and street parking.
New security gate and landscaped courtyard.
Roofs replaced 2016; updated outlets, switches, and shut-off valves.
Unit mix: (10) 3BR/1BA and (10) 2BR/1BA.
Expansion potential to 22 units by leasing owner’s unit and converting rec room.

Property Flyers

Cap Rate: 6.49 %

Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Laundry Facilities
  • Washer/Dryer Hookup
  • Gated
  • Hardwood Floors
  • Refrigerator
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Spokane (Empire Builder - Amtrak) 13 min - 4.9 mi
AirportDriveWalkDistance
Spokane International 23 min - 11.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jordan Lester, CCIM, MBA 509-496-6922 SVN | Cornerstone
Jordan Lester, CCIM, MBA 509-496-6922 SVN | Cornerstone