3103 East Liberty Avenue

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3103 East Liberty Avenue

Spokane, WA 99217
Asking Price
$75K
Asset Type
Apartment Building Retail
Class
Class B

AI Property Summary

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

  • The property is located at 3103 East Liberty Avenue in Spokane.
  • This retail asset is currently offered for sale for $75,000.
  • The site is identified with the apartment building sub-type classification.
  • Spokane remains a significant economic center within the Inland Northwest region.
  • The location is positioned at coordinates 47.6874 and -117.3649.

What's Special

Priced at $75,000, this retail property at 3103 East Liberty Avenue offers a strategic entry point into the Spokane, Washington real estate market. Positioned within a functional suburban landscape, the asset is categorized as an apartment building sub-type, providing flexibility for investors looking to capitalize on the region’s steady demand for versatile space. Spokane serves as a primary economic hub for the Inland Northwest, benefiting from a diverse workforce and consistent population growth that supports ongoing commercial activity. This site at 47.6874, -117.3649 provides accessibility to surrounding residential neighborhoods and key transit corridors. Given its current classification, the property is suited for buyers seeking a project with potential for repositioning or redevelopment. The asset presents an straightforward acquisition for those familiar with the local submarket dynamics and the specific requirements of multi-family or mixed-use retail conversions in this part of Washington.

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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291

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