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Multifamily

Cheney Quad (Near Eastern Washington University)

501 K St, Cheney, WA 99004

Listing Price: $1,079,998

Cap Rate
7.25%
GRM
10.23

Investment Overview

Marcus & Millichap and Windermere Manito have been selected to exclusively market for sale the Cheney Quad located at 501-513 K Street in Cheney, Washington. The property consists of two duplexes on two adjacent lots located within two blocks of the Eastern Washington University (EWU) campus.

501-503 K Street features two identically sized 3 bedroom/3 bathroom units that have just been completely renovated. 511-513 K Street features a 3 bedroom/2 bathroom unit along with a recently renovated 4 bedroom/2 bathroom unit. There is also an additional 2 bedroom/1 bathroom space (non-conforming unit) on the lower level.

With the EWU campus just two short blocks away, the Cheney Quad presents a dual opportunity for either an owner-occupied income property or traditional rental property for an investor. The duplexes are available individually or as a package.

Investment Highlights

  • Two duplexes on adjacent parcels - Available individually or as a package
  • Two blocks from Eastern Washington University campus in Cheney, WA
  • Three of the units have been recently renovated
  • Great owner-occupied or traditional investment opportunity

Exclusively Listed By

Multifamily

Cheney Quad (Near Eastern Washington University)

Investment Highlights

  • Two duplexes on adjacent parcels - Available individually or as a package
  • Two blocks from Eastern Washington University campus in Cheney, WA
  • Three of the units have been recently renovated
  • Great owner-occupied or traditional investment opportunity

Investment Overview

Marcus & Millichap and Windermere Manito have been selected to exclusively market for sale the Cheney Quad located at 501-513 K Street in Cheney, Washington. The property consists of two duplexes on two adjacent lots located within two blocks of the Eastern Washington University (EWU) campus. 501-503 K Street features two identically sized 3 bedroom/3 bathroom units that have just been completely renovated. 511-513 K Street features a 3 bedroom/2 bathroom unit along with a recently renovated 4 bedroom/2 bathroom unit. There is also an additional 2 bedroom/1 bathroom space (non-conforming unit) on the lower level. With the EWU campus just two short blocks away, the Cheney Quad presents a dual opportunity for either an owner-occupied income property or traditional rental property for an investor. The duplexes are available individually or as a package.

Exclusively Listed By

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