$1,100,000

About This Home

Completely updated mid century modern six unit apartment with views overlooking the downtown Spokane skyline! 2 - 2br/1ba and 4 - studio units. Currently leased as furnished rentals, it is set up as an ideal Airbnb for an owner/operator or conversion to non furnished apartment rentals. Each unit has LVP flooring, new cabinets and appliances and an in unit washer/dryer. Additionally, the lower level has a storage/laundry room suitable for Airbnb janitorial and there are seven new garages below the units. Current rents in the proforma are estimated, unfurnished rental rates. Current furnished rents range from $1,400 - $,2000/m. Unfurnished rent comparisons are below the new 508 West property that was redeveloped at 6th Ave and Stevens Street. The existing furnishings could be negotiated to purchase or removed prior to closing. (subject to existing tenancies)

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