720 S JEFFERSON ST

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720 S JEFFERSON ST

SPOKANE, WA 99204-3116
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset containing 19 individual rental units
  • Located at 720 S Jefferson St in Spokane
  • Situated within the Inland Northwest economic and medical hub
  • Property serves the growing residential demand in Spokane
  • Well-positioned for consistent rental income in a stable market

What's Special

This 19-unit multifamily property sits at 720 S Jefferson St in Spokane, Washington. The building occupies a position within the city, which serves as a regional economic and medical hub for the Inland Northwest. Spokane maintains a steady rental market supported by a diverse base of healthcare, education, and manufacturing employers along with consistent population growth throughout the metro area. Residential assets of this scale provide consistent operational utility for investors seeking to capture demand within a mid-sized urban market. The unit mix and density cater to the local workforce and residents requiring proximity to the downtown district and regional transit corridors. Potential buyers may leverage this asset for long-term rental income generation while benefiting from the established infrastructure of the Spokane community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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