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Case Studies / Spokane Apartment Portfolio
sold
Spokane Apartment Portfolio
Identified buyers through our Network of investors
- Buyers identified through knowledge and relationships with active buyers in market
- Sold off-market to two active Spokane market buyers
Case Study
Situation
After learning that our Team had expanded into Eastern Washington and had recently sold a similar property nearby, the Seller contacted our team indicating they had been trying to sell two properties off-market, yet hadn’t received a compelling offer.
What we did
Through regular communication with Spokane’s most active apartment investors, we have insight into Buyer preferences and interests allowing us to easily identify potential Buyers. We contacted a handful of investors who’s preferences matched this portfolio.
The Result
Within a week of our initial discussion with the Seller, we put both properties under contract – The Lloyd, a 33 unit building with four commercial spaces and The Annie, a 11-unit property with development potential, with separate Buyer parties. Both transactions closed within a week of each other and allowed the Buyers to expand their existing footprint and enter the market.
Site Details
"Max has represented us in multiple acquisitions. His hard work, hustle, and proactive approach to brokerage has proven to make him the most active broker we have worked with.”
- Anthony C.