maxwell portfolio investment

Senior Advisor / 509.321.2000 / [email protected]

MAMATTTHEW BTHEW BYRDYRD

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

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PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS• 5 Unit Apartment Building

• Two Single Family Structures

• Three Adjoining Vacant Lots

• Fully Leased as of January 2016

• Great Rental History

PRICE REDUCED | OFFICE

625 West Maxwell Avenue | Spokane, WA 99201MAXWELL PORTFOLIO INVESTMENT

SALE PRICE:

$435,000 TOTAL

$210,000 Apartment Building$ 30,000 3 Vacant Lots$195,000 2 Single Family Homes

LOT SIZE: 0.48 Acres, 21,126 SF

ZONING:

Commercial(CB-150)

Residential High Density(RHD)-55

CROSS STREETS: Maxwell Avenue, Howard Avenue& Wall Street

2014 TRAFFIC COUNT: 15,200

FOR SALE | MULTI-FAMILY












PROPERPROPERTTYY NAME:NAME: Maxwell Portfolio Investment

ZZONING & SFONING & SF:: CB-150; 5,896 Building SF

PROPERPROPERTTY NAME:Y NAME: Maxwell 625 West

PROPERPROPERTTY TY TYPE:YPE: 3 Story, 5 Unit Apartments

ZZONING & SFONING & SF:: RHD-55; 2,964 Building SF

PROPERPROPERTTY NAME:Y NAME: Howard 1417 & 1423 North

PROPERPROPERTTY TY TYPE:YPE: 2 Single Family Structures

ZZONING & SFONING & SF:: CB-150; 2,932 Building SF

PROPERPROPERTTY NAME:Y NAME: Wall 1418, 1420, 1422 North

PROPERPROPERTTY TY TYPE:YPE: 3 Adjoining Vacant Lots

ZZONING & SFONING & SF:: RHD-55; 9,561 SF







UNITUNITNUMBERNUMBER

UNITUNITSIZE (SIZE (SF)SF)

PRICEPRICEPER SFPER SF/MO/MO

NONOTESTESCCOMMENTSOMMENTS

Multi Family 625 Maxwell-Unit 1 350 $0.58





Single Family 1417 Howard 1,281 $1.57

Single Family 1423 Howard 1,336 $1.57

TTootals/Atals/Avvereragesages 4,3674,367 $.83$.83







* Demographic data derived from 2010 US Census

1 M1 Mileile 3 M3 Milesiles 5 M5 Milesiles

Total Population 13,727 125,626 254,611

Population Density 4,369 4,443 3,242

Median Age 36.0 34.0 35.2

Median Age (Male) 37.5 32.9 33.8

Median Age (Female) 34.9 35.1 36.4

Total Households 5,786 55,010 108,968

# of Persons Per HH 2.4 2.3 2.3

Average HH Income $37,787 $46,160 $50,917

Average House Value $186,125 $172,545 $182,479







Matthew ByrdSenior AdvisorSperry Van Ness/Cornerstone

Matthew Byrd is co-owner and founding partner of SVN Cornerstone a National Commercial Real Estate firm inSpokane, Washington offering services in office, retail, investment, multi-family, and development properties.

Matthew offers over 24 years experience in the Spokane real estate industry.

Matthew’s primary focus is office, multi-family, multi-use, and investment properties, primarily in the SpokaneArea. Matthew has been involved in over 20 sales and leasing transactions in the downtown core in the past 5years. His client list includes the City and County of Spokane, Next IT, Venture Data, Avista Labs, DCIEngineers, Spokane CHAS Clinic, and People to People Ambassador Programs.

A native of the Spokane area, Matthew has many associations and relationships providing valuable experienceand knowledge to his clients.

Phone: 509.321.2000

Email: [email protected]

Memberships & Affiliations

Spokane Trader's ClubSpokane Association of RealtorsCCIM Candidate

Cell: 509.499.9229

Address: 1311 N. Washington St.Suite CSpokane, WA 99201







The material contained in this Investment Offering Brochure is furnished solely for thepurpose of considering the purchase of the property within and is not to be used forany other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of Sperry VanNess or Owner, or used for any purpose whatsoever other than to evaluate thepossible purchase of the Property.

The only party authorized to represent the Property Owner (“Owner”) in connectionwith the sale of the Property is the Sperry Van Ness Advisor listed in this proposal, andno other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Investment Offering Brochure. If theperson receiving these materials does not choose to pursue a purchase of theProperty, this Offering Brochure must be returned to Sperry Van Ness.

Neither the Sperry Van Ness Advisor nor the Owner make any representation orwarranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future performance of the Property. This Offering Brochuremay include certain statements and estimates by Sperry Van Ness with respect to theprojected future performance of the Property. These Assumptions may or may not beproven to be correct, and there can be no assurance that such estimates will beachieved. Further, the Sperry Van Ness Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in oromitted from this Investment Offering Brochure, or any other written or oralcommunication transmitted or made available to the recipient. The recipient shall beentitled to rely solely on those representations

Disclaimer | Confidentiality

and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipientof these materials shall not look to Owner or the Sperry Van Ness Advisor, nor any oftheir officers, employees, representatives, independent contractors or affiliates, for theaccuracy or completeness thereof. Recipients of this Investment Offering Brochure areadvised and encouraged to conduct their own comprehensive review and analysis ofthe Property.

This Investment Offering Brochure is a solicitation of interest only and is not an offer tosell the Property. The Owner expressly reserves the right, at its sole discretion, to rejectany or all expressions of interest to purchase the Property and expressly reserves theright, at its sole discretion, to terminate negotiations with any entity, for any reason, atany time with or without notice. The Owner shall have no legal commitment orobligation to any entity reviewing the Investment Offering Brochure or making an offerto purchase the Property unless and until the Owner executes and delivers a signedReal Estate Purchase Agreement on terms acceptable to Owner, in Owner’s solediscretion. By submitting an offer, a prospective purchaser will be deemed to haveacknowledged the foregoing and agreed to release the Owner and the Sperry VanNess Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospectivepurchaser, any prospective purchaser should not rely on any such correspondence orstatements as binding Owner. Only a fully executed Real Estate Purchase Agreementshall bind the property and each prospective purchaser proceeds at its own risk.

maxwell portfolio investment

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