12525 W Sunset Highway, Airway Heights, WA 99001
Listing Number: 2136775
Listing Price: $3,999,000
Building Sq Ft: 22,880
Katz Realty, Inc.509-725-1701
Courtesy: Real Estate 2000 Inc.
-= Property Details =-
Building
Year Built: 1955
Approx. Building Sq Ft: 22,880
Land
Lot Size: 4.17 Acres
Lot Size Source: Ticor Title Company
Utilities
Water Source: Public
Sewer: Sewer Connected
-= Financial Information =-
Income
Gross Scheduled Income: $761,799
Expenses
Net Operating Costs: $458,818
Computation / Other
Cap Rate (NOI / Listing Price): 11.47
-= Location Information =-
Address: 12525 W Sunset Highway, Airway Heights, WA 99001
City: Airway Heights
State:
Zip Code: 99001
Latitude: 47.64173800
Longitude: -117.58423800
Driving Directions: Head west on I-90 W exit 277 for US-2 W Continue onto US-2 W/U.S. Rte 2 W At the traffic circle, take the 2nd exit onto U.S. Rte 2 W Turn left onto S Campbell St Turn left Turn Right
-= Community Information =-
Community Name: Airway Heights
-= Assessor Information =-
County: Spokane
Tax Number: 15261.6001
General Zoning Classification: Commercial
Zoning Jurisdiction: County
-= Purchase Information =-
Listing Price: $3,999,000
Potential Terms: Cash Out, Conventional, Owner Financing
3rd Party Approval Required: None
Possession Allowed: Closing
Preliminary Title Ordered: Yes
-= MLS Listing Details =-
Listing Number: 2136775
Listing Status: Active
Listing Office: Real Estate 2000 Inc.
Co-listing Office: Real Estate 2000 Inc.
Listing Date: 2023-07-11
Original Listing Price: $4,199,000
MLS Area: Spokane County
Marketing Remarks: FLEXIBLE OWNER FINANCING WITH LARGE DOWN PAYMENT, PRICED TO SELL. ***2024 Proforma Gross: $761, 799 Net: $458, 818 Cap: 11.47%. 51 Unit All Seasons Mobile Home & RV Park And Motel On 4.17 Acres. This Includes 15 Park Owned Single Wides And One Park Owned Double Wide, 10 RV Spaces, One Single And 23 Double Room, Motel. 2, 400 Sq Ft Warehouse, And Used Car Lot. Commercial Zoned C1-A. Redevelopment Potential For Retail, Office, Motel, Automotive Center, Restaurants and More! Maximum Building Height of 45'. Buyer To Verify Development Applications. City Water And Sewer. Many Recent Upgrades. Adjacent Vacant Lot Available For $599, 900. Close To Fairchild Air Force Base, Spokane International, And New Amazon Facility.
-= Multiple Listing Service =-
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.