8717 E Valleyway Ave Spokane Valley, WA 99212
Listing Courtesy of: Spokane MLS / Windermere Valley/Liberty Lake / Samantha Dallas
$2,400,000
3
BED
2.5
BATH
10,800
SQFT

  8717 E Valleyway Ave Spokane Valley, WA 99212

Pending (65 Days)

Description

Brand new construction 6 plex located in the heart of the Spokane Valley. Quick access to all areas of town including the colleges, universities, hospitals and freeway. The project is built in 2 buildings, with 3 townhome style units in each building. All units are identical with appx 1800 sq ft 3 bedroom, 2.5 bathroom and 2 car garages. Hardi board lap siding, Huntwood cabinets, Laminate floors on the main floor, carpet upstairs, stainless appliances and mini splits for HVAC. Rents in the area are approximately $2500-3000 per month. Completion date is estimated to be April/May of 2023. One building getting flooring and cabinets, will be completed April. Second building in sheetrock stage. Will work with your 1031 exchange. Sellers are licensed real estate agents in Washington state. Estimated Cap Rate to be 6.54%.

MLS #:
202313101
Taxes
$12,000
Lot Size
0.61 acres
Type
Multifamily
Year Built
2023
Style
3 Level
School District
West Valley
County
Spokane County
Bathroom Details
Lot Information
  • Level
  • Spr Sys
Property Features
  • Pub Wtr
  • Swr Conn
  • Pub Sewer
  • Paved
  • Pub Rd
Heating and Cooling
  • El Wall Unit
  • Elec
Basement Information
  • Slab
School Information
  • Elementary School: Ness
  • Middle School: Centennial
  • High School: West Valley
Garage
  • Attached
Stories
  • 2
Location
   
Calculate drive times to this property
 

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: © 2022 Spokane Association of Realtors, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited.