Property Details

505 E Hawthorne Rd

Spokane, WA 99218

$4,497,700

Available

CBA# 715914 courtesy of CBA Listing firm: Keller Williams Realty Coeur d' Alene

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Commercial

Property Type

17,922

Bldg Sq Ft

Units

6.00%

Cap Rate

2025

Year Built

Property Overview

Welcome to Sienna Terrace, a new 18-unit apartment complex currently at 100% occupancy! Located in north Spokane and just a few short blocks from Whitworth University, this thoughtfully designed community offers a collection of 1BR, 2BR, and 3BR units. Each luxury apartment features an open-concept floor plan, contemporary finishes, and large windows that fill the interiors with natural light. There are 6- one bed/one bath units; 9- two bed/two bath units; and 3- three bed/two bath units. This prime location is just 7 miles from downtown Spokane and less than 1/2 mile from the Whitworth University campus, which has a current enrollment of over 2500 students. Tenants will love the numerous shopping and dining options nearby, with Target, Best Buy, Dick's Sports, Olive Garden, Red Robin and the YMCA among the many businesses and restaurants within 1/2 mile. 100% occupied with all tenants on long term leases.