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Listings/Atlantic Apartments

Atlantic Apartments

On The Market

Price: $1,650,000

Tours: Wednesday 10/29; 10AM-2PM

Offers: Reviewed Upon Receipt. Offer review date TBA

Site Details

ADDRESS
6615 N Atlantic St, Spokane, WA
YEAR BUILT
1966
UNITS
14
AVG. UNIT SIZE
627 Sqft
LAUNDRY
Shared
BUILDINGS
1
STORIES
2
PARKING
14 Carports & 16 Open Stalls
LAND SIZE
23,040 Sqft

Opportunity

14-Unit, Value-Add Apartment Complex in the Highly Desired North Spokane

RENT UPSIDE:

Close-To-Market Rents Will Allow Smooth Stabilization Even With WA State Rent Caps

RECOMMENDED FINAL RENOVATIONS

  • New Cabinetry & Updated Countertops
  • Stainless Steel Appliances
  • Modern lighting & fixtures
  • Renovated Bathrooms
  • Modernized Signage & Branding
  • Pave and Stripe Gravel Parking

Well-maintained, value-add apartment building

Amenity rich location surrounded by jobs, shopping, schools, parks & more

0.9 Miles from Providence Hospital and 2.4 Miles from Whitworth University

Desirable amenities including air conditioning, covered parking, large kitchens, and courtyard

In-Place Rents Within 10% of Market Rate

Majority 2 bedroom units

Location

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Atlantic Apartments

6601 N Atlantic St
Spokane, WA 99208
Units: 14
Price: $1,650,000

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