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7024 North Colton Street

Updated Aug 18, 2026

C702 LLC Acquires Go Go Heights Apartments In Spokane From LC Gogo Heights LLC For $22.5M
SOLDMultiFamily

C702 LLC Acquires Go Go Heights Apartments In Spokane From LC Gogo Heights LLC For $22.5M

7024 North Colton Street

$22,500,000

Units

178

Asset Type

MultiFamily

Closing

Aug 17, 2026

About this deal

AI

The property asset involved in this transaction is Go Go Heights Apartments, a multi-family asset located at 7024 North Colton Street, Spokane, WA. The sale price was $22.5 million, equivalent to approximately $126,404 per unit for the 178 units available in the property.

Summary of transaction details:

This transaction features a Washington-based private investment firm, c702 LLC, acquiring the property from LC Gogo Heights LLC. NorthMarq's brokerage team comprising Tyler Smith, Steve Fischer, Joe Kinkopf, and Brendan Greenheck represented the seller in this deal.

On the Map

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$22,500,000

MultiFamily

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Players

Steve Fischer

NorthMarq

Broker

$95.6M

vol

5 deals

Broker

Spokane MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $126.4K per unit across 178 units on a published $22.5M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.71%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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