Osmun Apartments Sold Off-Market In Spokane Multifamily Transaction For $2.7M

A multifamily asset located at 1814 & 1811 West 1st Avenue in Spokane, WA, has been sold off-market for a total of $2,700,000. The property comprises 27 units, resulting in a price per unit of $100,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,700,000
• Units: 27
• Price Per Unit: $100,000
• Broker: Max Frame - Kidder Mathews

This transaction reflects strong demand for well-located multifamily assets in the Spokane area, specifically noting the Osmun Apartments within Spokane’s Brownes Addition.