Entity Owned Property summary
This exceptional investment opportunity presents a brand-new, 12-unit apartment building poised for immediate construction in Spokane Valley, Washington. Located at 13218 E 3rd Ln, Spokane, WA 99216, this property boasts a prime location, conveniently situated near the Appleway walking trail and major retail establishments including Safeway and Target. The building, encompassing 12,157 square feet across three stories, sits on a 0.53-acre lot. All twelve units are designed as spacious… two-bedroom, two-bathroom apartments, catering to a high demand market. Construction is ready to commence upon sale, eliminating the delays and expenses associated with land development and engineering. Building permits are already secured, ensuring a streamlined and efficient construction process. This turnkey project offers a unique opportunity to acquire a fully permitted, ready-to-build apartment complex, representing a significant advantage in the current market. The building is projected to be completed in 2024. This is an exceptional opportunity for investors seeking immediate returns and a strong foothold in the Spokane Valley real estate market. The asking price for the complete project is $3,000,000. A separate option to purchase the lot with permits and plans is also available for $600,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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