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Dallas Lightner Ryan Towner Owner/Broker Owner/Broker [email protected] [email protected] 509.315.8720 509.315.8714 2614 North Monroe Street Spokane, WA 99205 ltrealestateco.com LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. Portfolio of Apartment Buildings For Sale 4 Buildings - 37 Units Sale Price $3,237,500 Property Profiles Rare opportunity to acquire a portfolio of apartment buildings Little to no deferred maintenance Fully occupied and stabilized Well located properties 26 - 1 Bedroom Units 9 - 2 Bedroom Units Significant recent improvements made at each property Below market rents

Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker [email protected] [email protected] 509.315.8720 509.315.8714

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Page 1: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Portfolio of Apartment Buildings For Sale4 Buildings - 37 Units

Sale Price● $3,237,500

Property Profiles● Rare opportunity to acquire a

portfolio of apartment buildings ● Little to no deferred maintenance● Fully occupied and stabilized● Well located properties● 26 - 1 Bedroom Units● 9 - 2 Bedroom Units● Significant recent improvements

made at each property● Below market rents

Page 2: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Portfolio of Apartment Buildings For Sale4 Buildings - 37 Units

Address● 25 North Airport Drive Deer Park, WA

Property Profile● 9 Units● 7 - 2 bed & 1 bath units● 2 - 1 bed & 1 bath units● Newly Renovated Units● Off Street Parking● Parcel Number: 28012.1215● Lot Size: 0.68 AC

Page 3: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Portfolio of Apartment Buildings For Sale4 Buildings - 37 Units

Address● 6723 North Atlantic Street

Property Profile● 12 Units● 2 - 2 bed & 1 bath units● 10 - 1 bed & 1 bath units● Newly Renovated Units● New Windows, New Flooring● Off Street Parking● Parcel Number: 36304.1526● Lot Size: 0.53 AC

Page 4: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Portfolio of Apartment Buildings For Sale4 Buildings - 37 Units

Address● 7814 East Indiana Avenue

Property Profile● 8 Units● 2 - 2 bed & 1 bath units● 6 - 1 bed & 1 bath units● Off Street Parking● Parcel Number: 45073.0906● Lot Size: 0.51 AC

Page 5: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Portfolio of Apartment Buildings For Sale4 Buildings - 37 Units

Address● 725 East Indiana Avenue

Property Profile

● 8 Units● 8 - 1 bed & 1 bath units● Located Near Gonzaga● Off Street Parking● Parcel Number: 35084.2612● Lot Size: 0.16 AC

Page 6: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Portfolio of Apartment Buildings For Sale4 Buildings - 37 Units

1. 25 North Airport Drive2. 6723 North Atlantic Street3. 725 East Indiana Avenue 4. 7814 East Indiana Avenue

Page 7: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Spokane, Washington

Spokane County is the largest labor market in Eastern Washington and North Idaho. The labor force is approximately 230,000. The 25 to 34 year-olds make up the largest job holder age group at 22.0 percent of the workforce, an unusual asset in a top 100 MSA. As the education hub of the Inland Northwest with 18 colleges and universities located in the area, Spokane has a dependable source of employees who are well trained, ready-to-work, and valued for loyalty. The Universities work collaboratively with one another and with the regional business community to support workforce development, research, and lifestyle initiatives to advance economic growth.

Top Public Employers Top Private EmployersOrganization FTE Organization FTEFairchild Air Force Base 5,935 Providence Health Care 5,425

State of Washington 5,100Multicare - Inland Northwest Region* 3,110

Spokane Public Schools 3,568Kalispel Tribal Economic Authority 1,882

City of Spokane 2,174 Wal-Mart Stores Inc. 1,431Spokane County 2,124 URM Stores Inc. 1,384Central Valley School District 1,614 Avista Corp. 1,303Eastern Washington University 1,370 Gonzaga University 1,290Community Colleges of Spokane 1,241 Engie Insight (Ecova Inc.) 1,105Mead Schools District No. 354 1,185 Kaiser Aluminum Corp. 950Mann-Grandstaff VA Medical Center 1,120 Comcast Cable 778

Page 8: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714

Dallas Lightner Ryan TownerOwner/Broker Owner/[email protected] [email protected] 509.315.8714

2614 North Monroe StreetSpokane, WA 99205ltrealestateco.com

LT Real Estate Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Recent News● Amazon maintains aggressive place on Spokane project - Big facility on West Plains to be staffed with at least 1,500 workers by next fall

Link to Amazon News

● Electric Car Maker Chooses Spokane - Mullen, West Plains group ink letter of intent for big manufacturing plant

Link to Electric Car Maker News

● Exotic Metals moves ahead with big expansion - Aerospace manufacturer plans to add roughly 300 employees to workforce

Link to Exotic Metals News

● $122 million dedicated to public projects in Spokane County - EWU, Eastern State, community colleges among top recipients

Link to Public Projects News

● Two buildings rise at Catalyst site - $57 million in projects underway at south end of Spokane’s University District

Link to Catalyst News

● WSU starts developing medical residency program - School hopes to secure sites for 2021 graduates

Link to WSU News

Spokane, Washington

Page 9: Portfolio of Apartment Buildings For Sale 4 …...Dallas Lightner Ryan Towner Owner/Broker Owner/Broker dallas@ltrealestateco.com ryan@ltrealestateco.com 509.315.8720 509.315.8714