CBRE Represents Seller In $25.5M Sale Of Village On Broadway Spokane Valley Multifamily

The property asset involved in the transaction is a multi-family apartment complex located at 12623 East Broadway Avenue in Spokane Valley, WA. The asset was sold for $25,500,000 and consists of 148 units, resulting in a price per unit of $172,297. Built in 1996, the complex features in-unit washers and dryers, a dog park, and various community amenities.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $25,500,000
• Units: 148
• Price Per Unit: $172,297
• Sale Date: 07/21/2025
• Market: Spokane Valley, WA

The brokers involved in the transaction are Josh McDonald, Joe Nydahl, and Jordan Louie, who represented the undisclosed seller through CBRE. This transaction highlights their role in facilitating the sale of the Village on Broadway apartment complex.