1332 West Garland Avenue

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1332 West Garland Avenue

Spokane, WA 99205
Asking Price
$1.30M
Cap Rate
6.04%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Garland9 | Stabilized Triplex Portfolio | Garland District <p><strong>Stabilized Triplex Portfolio</strong></p><p>Three triplexes across three separate parcels provide an efficient 9-unit investment with diversified tenants and a straightforward operating profile. With 6 of 9 units already renovated, the portfolio offers proven in-place performance with a clear path to continued rent growth.</p><p></p><p><strong>Remaining Value-Add Upside</strong></p><p>Long-term tenants in select units create a natural next phase of upside as units turn. As the remaini

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

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