Multi-family

Riverside Fourplex

2204 Cedar Street, Spokane, WA

A well-maintained four-unit apartment building a short walk from the Spokane River, with all four units currently leased. Ownership is divided into membership units of Riverside Fourplex LLC, which holds this one building alone; unit holders vote one-unit-one-vote on the operating budget, rent strategy, refinancing, capital improvements, sale, and hiring or removing the property manager. Owners receive their pro-rata share of the building's net results, which vary and are not guaranteed.