Courtesy of SVN Cornerstone Commercial
SVN Cornerstone is pleased to present the Boone Apartments and Mini Storage for sale located at 3004 E Boone Ave in Spokane's Chief Garry Park neighborhood. The property consists of eight 1 bedroom 1 bathroom apartment units and 28 mini storage units. The property features five recently remodeled apartment units, a common laundry room with two washers and two dryers, 10 on site parking spaces for apartment tenants in addition to ample street parking, and a secured gated entrance for the mini storage tenants. Combination of apartment and mini storage income provides multiple revenue sources with pricing below recent sales comparables at approximately $106,250 per apartment unit and $17,857 per mini storage unit. Apartment units are currently 100% occupied and feature off street parking and common area laundry, while the mini storage portion of the property includes a locked gate for additional security Interior Unit Upgrades Updated Major Systems Central Spokane Location
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