March 2008 Hottest Spokane Duplex Deals, Presented by Deepak Malhotra, Associate Broker, Cheney Realty Inc.
Posted by buygeg on March 2, 2008
Please click the following link to see duplexes for sale in Spokane sorted by gross rent multiple:
Spokane Duplexes for Sale Sorted by GRM, Presented by Deepak Malhotra
By using gross rent multiple (price divided by monthly rent), it becomes easier to find the best deals. The duplexes that are most likely to provide positive cash flow, or at least the best cash flow, and high cap rates, should be those that are closest to the top of the list. I have also provided you with price per square foot information. Average gross rent multiple and average price per square foot information for duplexes that sold in the last 6 months can be found in the Sold Data post below this one. This list was generated on March 2, 2008.
To properly compare, please compare gross rent multiple of one duplex with gross rent multiples of other duplexes of similar age, location, and condition, and please make sure that the landlords are paying similar utilities for each.
To see details of any of these entries, please see the detailed listings by clicking on the following link. The following entries are sorted by price. You will need the price or MLS number of the listing you are considering to get details when you click below.
Please contact me if you would like a list that is personalized to your preferred area, age, or number of units.
All data is from other sources. No warranties are mentioned or implied here.
If you find this data to be helpful, please consider hiring me next time you are planning to buy or sell investment property in Spokane.
Deepak Malhotra, Associate Broker, ePro, Cheney Realty Inc., 509-235-6191
