Jay Overholser

Absolute gem of a property in the heart of the Spokane Valley. All units include an in unit washer/dryer, range, refrigerator, dishwasher and a single car garage. Ample, uncovered off street parking is also available. Spacious, 2br/2ba units of which 12 of the 16 are ground floor units. Although well maintained, the units are not updated in any significant way and the roof is original. Market rents are approximately 40% higher than in place rents. Seller financing offer on approved credit. 20% down, 5.5% interest only payments for five years. See flyer in Associated docs for rents and expenses.

High visibility and easily accessible 14 unit on Sprague Avenue.​ One level living in 13 of the 14 units! Ample parking, minimal landscaping and efficient units make this property about as low maintenance as it gets.​ Individually metered for heat and lights with domestic hot water courtesy of the landlord.​ Most of the front area of the property has been converted from office space into residential adding the 2br/1ba and studio.​ About 960sf remains as an office space.​ The membrane roof was new in 2010.​ Rents are at about market and additional income comes in from utility billbacks.​ Solid performer.​

Jay Overholser

About Jay Overholser

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Recent property sales & transaction history

2 properties

Spokane Valley

Family Home

$1,800,000 to $2,750,000

7,700 ft² to 12,800 ft²

Properties for sale by listing agent Jay Overholser

$3,200,000

$1,350,000

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Jay Overholser

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