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Listings/The GEE Apartments
The GEE Apartments
Sale Price: $1,100,000
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Property Details
Address
817 E Nora Ave, Spokane, WA
Neighborhood
University District
Net Rentable SF
5,682 SF
Year Built
2011
No. of Bedrooms
14
No. of Bathrooms
8
No. of Kitchens
1 (Commercial Grade)
Parking
Gated Parking Lot (5 Stalls)
Laundry
3 Shared Laundry Rooms
Building Certification
LEED
Parcel No.
35084.2808
Land SF
7,100 SF
Sale Details
Sale Date
June 28, 2024
Sale Price:
$1,100,000
Financing
All-Cash Transaction
Opportunity
- Turn-key building with updated systems and interior finishes
- Situated just down the street from Gonzaga University
- Ample capital expenses and renovations were done in 2023
- Pre-leased for the 2024/2025 school year
- One of the largest rooming houses in Spokane’s University District
- LEED-certified lowering utility and energy bills
- Multiple leasing opportunities including renting on a single group lease, renting by the bedroom, or operating as an Airbnb
Location
Open Google MapsAbout the Area
Spokane’s University District
The University District is one of the fastest-growing urban areas in the inland northwest.
GROWING STUDENT POPULATION
The University District is home to six outstanding higher education institutions that together enroll over 12,000 undergraduate and grad students.
SIGNIFICANT GROWTH & DEVELOPMENT
Over $150 million has been invested in Spokane’s University District in the past 4 years.
GONZAGA UNIVERSITY
0.3 Miles
SAFEWAY
0.3 Miles
MISSION PARK
0.4 Miles
CENTENNIAL TRAIL
1.9 Miles
SPOKANE ARENA
1.6 Miles