Property Type
Listing Details for 2923 N Hogan St, Spokane, WA 99207
MLS #: 202420591
2923 N Hogan St, Spokane, WA 99207
Listing Number: 202420591
Listing Price: $660,000
Number of Units: 6
Lot Size: 6,534 Sq Ft
Listing Price: $660,000
Number of Units: 6
Lot Size: 6,534 Sq Ft
Courtesy: Windermere Manito, LLC
-= Complex Details =-
Number of Units: 6
-= Building Details =-
Year Built: 1978
Effective Year Built: 1978
Amenities: Laundry
Roof: Composition
Approx. Sq Ft: 3,144
Heating & Cooling: Natural Gas
Effective Year Built: 1978
Amenities: Laundry
Roof: Composition
Approx. Sq Ft: 3,144
Heating & Cooling: Natural Gas
-= Unit Details =-
-= Site Details =-
Lot Size: 6,534 Sq Ft
Utilities
Utilities
-= Location Information =-
Address: 2923 N Hogan St, Spokane, WA 99207
City: Spokane
State:
Zip Code: 99207
Latitude: 47.68521500
Longitude: -117.38793000
City: Spokane
State:
Zip Code: 99207
Latitude: 47.68521500
Longitude: -117.38793000
-= Community Information =-
School District: Spokane Dist 81
-= Assessor Information =-
County: Spokane
Tax Number: 35092.1002
Tax Number: 35092.1002
-= Purchase Information =-
Listing Price: $660,000
-= MLS Listing Details =-
Listing Number: 202420591
Listing Status: Active
Listing Office: Windermere Manito, LLC
Listing Date: 2024-07-31
Original Listing Price: $0
MLS Area: A340/015
Marketing Remarks: The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $110, 000/unit with a 6.40% cap rate, this asset outperforms market comps averaging $128, 073/unit and a 6.07% cap rate. Stabilized Asset – With rents already at market rates, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and lo...
Listing Status: Active
Listing Office: Windermere Manito, LLC
Listing Date: 2024-07-31
Original Listing Price: $0
MLS Area: A340/015
Marketing Remarks: The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $110, 000/unit with a 6.40% cap rate, this asset outperforms market comps averaging $128, 073/unit and a 6.07% cap rate. Stabilized Asset – With rents already at market rates, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and lo...
-= 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.
* Cumulative days on market are days since current listing date.
