SVN Cornerstone is pleased to present the Boone Apartments and Mini Storage for sale located at 3004 E Boone Ave
in Spokane's Chief Garry Park neighborhood. The property consists of eight 1 bedroom 1 bathroom apartment units and
28 mini storage units. The property features five recently remodeled apartment units, a common laundry room with two
washers and two dryers, 10 on site parking spaces for apartment tenants in addition to ample street parking, and a
secured gated entrance for the mini storage tenants.
Combination of apartment and mini storage income provides multiple revenue sources with pricing below recent sales comparables at approximately $106,250 per apartment unit and $17,857 per mini storage unit.
Apartment units are currently 100% occupied and feature off street parking and common area laundry, while the mini storage portion of the property includes a locked gate for additional security
Interior Unit Upgrades
Updated Major Systems
Central Spokane Location
Source: SMLS as distributed by MLS GRID #201725953Report a problem
5/5/2017
Listed for sale
$725,000+46.5%$78/sqft
Source: Coldwell Banker Schneidmiller #201716006Report a problem
1/5/2013
Listing removed
$495,000$53/sqft
Source: Coldwell Banker Schneidmiller Realty #201219028Report a problem
11/16/2012
Listed for sale
$495,000$53/sqft
Source: Coldwell Banker Schneidmiller Realty #201219028Report a problem
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Monthly payment
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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