About This Home
This 0-bedroom, 0-bathroom commercial at 11802 E Main Ave in Spokane Valley, WA is listed for $10,850,000 ($258 per sqft). Built in 2026, the home offers 42,000 sqft of living space on a 0.95 acres lot.
Key Features
- Built in 2026
- 0.95 acre lot
- 3 stories
Property Details
Amenities
New Construction "42 Unit - Mason Apartment Complex" on nearly an Acre Site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit will be well appointed to include Hard Surface Countertops, Laminate Flooring, 10' Ceilings and Primary Bedrooms have Walk-in Closets.
All Units have Mini-splits or PTAC units for Heating & Cooling, full appliance packages including washer and dryer, and each unit also has a Private Patio or Deck. There are 85 Parking Spots (with 12 EV Stalls) and the Security Gate is Roughed-in for the Parking Lot - Asphalt is done and parking lines painted!
RENT STUDY - 1 Bed/1 Bath Units (6 total) at $1,350.00 each and 2 Bed/2 Bath (36 total) at $1,825.00 each for a monthly estimate of $73,800.00. Annual Total Income - $885,600.00. Total Annual Expenses (estimated) are $243,008.00 and the NOI - $624,879.00. Approximate Completion Date is July 2026.
Monthly Cost Estimate
$58,028/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11802 E Main Ave
Spokane Valley, WA 99206
Property Details
Construction
Views
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 11802 E Main Ave is listed at $10,850,000 ($258/sqft). The estimated monthly payment is $58,029 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2026, 0.95 acre lot, 3 stories.
This property is listed by Eric Peterson and can be reached at (509) 458-4000.