Multifamily Property for Sale in Spokane, WA
Lincoln Heights Manor
3115 E 29th Ave, Spokane, WA 99223, Spokane County
Price
$4,500,000
Listing Information
- # Units 36
- Total Bldg SF 31,100
- Parcel SF 72,596
- Year Built/ Renovated 1970
- Price/SF $144.69
- Price/Unit $125,000.00
- Cap Rate -%
- Average Unit SF 864
Property Information
- Property Type Multifamily
- Acres 1.67
- Parcel # 35273.0026
- Zoning -
Lincoln Heights Manor presents a compelling value-add opportunity in one of Spokane’s most desirable neighborhoods. This well-maintained 36-unit community offers a mix of primarily spacious 2-bedroom apartments and 3-bedroom townhomes featuring private balconies or patios. Residents enjoy a convenient location within walking distance of shopping, schools, parks, employment, and a variety of everyday amenities. In addition to its strong location and attractive unit mix, the property offers further upside through the potential conversion of the existing clubhouse into an additional residential unit.