246 E D ST, DEER PARK, WA 99006 (MLS# 41593)

Overview

Description

Great opportunity, fully rented. 24 unit apartment complex, all ground level units. Separate community building and coin-op laundry facilities. First 180 days, preference will be given to local non-profits, public agencies, regional and national non-profits and public bodies.Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include100% Rental Assistance and interest credit assistance that reduces the loan not interest rate to 1%.

Location, Tax & Legal

County: Spokane
Area: O1N - Spokane County North
St #: 246
St Dir Prefix: E
Street Name: D
St Sfx: ST
State/Province: WA
Zip Code: 99006

Contract Information

Price: 1660000
Lock Box: None
Sign: No
Assumable: No
Possession Comments: Closing

Property Information

Type: Apartment Complex
Realtor.COM Type: Multi Family
Approx Total SqFt.: 16720
Style: Contemporary
Stories: Yes
Auto Storage: No
Lot Dimensions: Irregular
# of Acres: 2.06
# Units: 24
Year Built: 1979

Status Change Info

Closing Date: 2022-09-20
Under Contract Date: 2022-08-23
How Sold: Cash-No Loan

Income

Annual Gross Rent: 13704
Vacancy %: 100

Utility Providers

Water: Deer Park

More Information

Documents On File

Remarks: Exhibit A

Location Tax & Legal

Taxes: 2159
Tax Yr: 2021
Special Tax Class: Yes
Nearest Town: Deer Park
Miles/Nearest Town: 1
Parcel #: 28023.2901
Section: 2
Township: 28N
Range: 42E
Legal: DEER PK REEDS 1ST ADD LT 1 TO 6 BLK 29 AND N1/2 VAC ALLEY ADJ TO SD LT 1 TO 6 BLK 29
Title Co: Frontier
Closing Agent: McGrane
HOA: A

Remarks & Misc

Hot Sheet Comment: new
Directions: From Hwy 395, east on Crawford, south on Margaret Ave., complex is on the SW corner of E D St and Margaret Ave.

Basement

None: Yes

Utilities

Public Sewer: Yes
Public Water: Yes

Foundation

Concrete Perimeter: Yes

Siding

T-111: Yes

Roof

Composition: Yes

Heating

Baseboard: Yes
Electric: Yes

Common Amenities

Laundry Facility: Yes

Water Heater

Electric: Yes

Electric Service

Breakers: Yes

Site Improvements

Sidewalks: Yes

Grounds

Irregular: Yes
Level: Yes

Parking

Assigned: Yes
Off Street: Yes

Auto Storage Type

Off Street: Yes

Schools

Deer Park: Yes

Showing Instructions

Call Listing Agent: Yes
Call Listing Office: Yes

Terms

Cash: Yes
Conventional: Yes
USDA: Yes

Property Features

Basement: None Foundation: Concrete Perimeter Siding: T-111 Roof: Composition Common Amenities: Laundry Facility Heating: Baseboard Water Heater: Electric Electric Service: Breakers Utilities: Public Sewer; Public Water Site Improvements: Sidewalks Grounds: Irregular; Level Parking: Assigned; Off Street Auto Storage Type: Off Street Showing Instructions: Call Listing Agent; Call Listing Office Schools: Deer Park Terms: Cash; Conventional; USDA

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