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Property profile & analytics
OFF-MARKET
Apartment buildings

17121 Boone Ave Spokane Valley, WA 99016

3,016 SF Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 2-unit apartment building, constructed in 2022, presents a compelling investment opportunity in the desirable Spokane Valley, WA. Located at 17121 E Boone Ave, 99016, this property boasts a total of 3,016 square feet and offers a strong 4.78% capitalization rate with a Net Operating Income (NOI) of $36,594. Each unit is a beautifully appointed townhome-style residence featuring attached two-car garages, adding significant value and appeal to potential tenants. Modern finishes throughout include Huntwood cabinets and luxury vinyl plank (LVP) flooring, creating a sophisticated and desirable living space. The kitchens are equipped with stainless steel appliances, and each unit includes a washer and dryer for added convenience. A spacious primary suite in each unit provides a private retreat, complete with a walk-in closet and private bathroom. This property is ideally suited for investors seeking a high-return, low-maintenance investment in a thriving Spokane Valley location. The asking price is $765,000. This turnkey investment is ready for immediate income generation. Don't miss this chance to add a high-performing asset to your portfolio.

Property profile
Verified
Property type Apartment buildings
Year built 2022
Total area 3,016 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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