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11802 E Main Avenue

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11802 E Main Avenue

11802 E Main Ave, Spokane Valley, WA 99206
Multi-Family For Sale Available Built 2026 3 floors Zoning: Corridor Mixed Use
Asking Price
$10,850,000
Total Building1,994 SF
Land41,295 SF land
MarketSpokane Valley
CountySpokane

Read Overview
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Overview

Property ID
299898
Listing ID
711280
Type
Multi-Family
Asset Class
Multi-Family
Zoning
Corridor Mixed Use

Description

New Construction "42 Unit Mason Apartment Complex" nearly an Acre site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit to be Well Appointed to include Hard Surface Countertops and Laminate Floor Throughout. 85 Parking Spots (with 12 EV Stalls). All Units have washer/dryers and private patios or decks. The Ceilings are 10' and Primary bedrooms have walk-in closets. All Units have mini-splits or PTAC units for heating/cooling. Security Gate is Roughed-in for Parking Lot - Asphalt is starting soon! Rent Study - 1 Bed/1 Bath Units (6 total) at $1,350.00 each and 2 Bed/2 Bath (36 total) at $1,825.00 each for a monthly estimate of $73,800. Approx Completion Date is July 2026. Total Income - $915,720. Total Annual Expenses - $289,367. NOI - 626

Listing Courtesy of:

SB
Scott Brewer
Keller Williams Realty
534 East Spokane Falls Boulevard,
Spokane, WA 99202
State: WA City: Spokane Valley ZIP: 99206 Type: For Sale

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