Investment Overview

Marcus & Millichap is pleased to present the Ross Street Apartments, an 8-unit apartment complex located in Davenport, Washington. The property consists of 8 two-bedroom, two-bathroom units, averaging approximately 900 square feet each. Amenities on the property include Stainless Steel Appliances, Washer & Dryer Hookups, Granite Countertops, and Mini-Splits The Property is located in Davenport, Washington, the county seat of Lincoln County and approximately 35 miles northwest of Spokane, Washington. Davenport serves as a regional service and employment hub for the surrounding agricultural communities, creating steady demand for workforce housing with limited competing rental supply. The local rental market benefits from a lack of new multifamily development, supporting stable occupancy and rent durability relative to larger, more volatile urban markets. The Property is well positioned to capture long-term tenancy driven by essential workers, government employees, and agricultural support services. This offering presents an opportunity for investors seeking predictable cash flow in a supply-constrained rural market, with reduced exposure to new construction risk and pricing volatility commonly seen in urban assets.