Updated Aug 18, 2026
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:
- Property Type: MultiFamily
- Transaction Amount: $22,500,000
- Units: 178
- Price Per Unit: $126,404
- Buyer: c702 LLC
- Seller: LC Gogo Heights LLC
- Brokers: Tyler Smith, Steve Fischer, Joe Kinkopf & Brendan Greenheck - NorthMarq
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.
Players
Spokane MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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