Solar World Estates West
The Solar World Estates West property is located at 1832 South
Lawson Street, in Airway Heights. The Spokane International
Airport, Fairchild Air Force Base, and the Northern Quest
Resort and Casino are all within ten minutes of the property.
Downtown Spokane is located less than 15 minutes away. The
property is located just south of US Highway 2, in the South
Lawson Street area.
The Solar World Estates West property is a 94 unit apartment
complex, built between 1987 and 1990, consisting of 24
detached single story, wood frame, four-plex buildings. The
unit mix is:
• 68 – 442± square foot one bedroom/one bathroom
• 24 – 532± square foot two bedroom/one bathroom
• 1 – 864± square foot two bedroom/two bathroom
• 1 – 936± square foot three bedroom/one bathroom
Each unit is equipped with an “efficiency” kitchen which
includes: mini-refrigerator/freezer, two-burner electric range,
microwave and sink. Each building has a small laundry area
which each tenant has access to. Current rental rates range
from $525 to $950 per month. The average rental rate for the
occupied units is approximately $635 per month. As of January
31, 2013, the vacancy rate was 21.3% at this property.
The Solar World West property is divided into three non-
contiguous parcels on which the 24 buildings are located. In
total, these three parcels have a combined area of 4.11± acres.
There are 105 unassigned parking stalls on the property.
Solar World Estates North
The Solar World Estates North property is located in North
Spokane along Division Street, the major north/south regional
arterial through Spokane. The location is just south of the
intersections of Highway 395 and Highway 2. The Solar World
Estates North property is a 32 unit apartment complex, built in
1988, consisting of 8 detached single story, wood frame, four-
plex buildings. The unit mix is:
• 30 - 442± square foot one bedroom/one bathroom
• 2 - 554± square foot one bedroom/one bathroom
Each unit is equipped with an “efficiency” kitchen which
includes: mini-refrigerator/freezer, two–burner electric range,
microwave and sink. Each building has a small laundry area
4
Solar World Estates West and North
Solar World Estates West
Parcel 1
South Lawson St.
19th Ave.
Parcel 2
Yokes
Fresh Market
Parcel 3
Parcel 4
Solar World
Estates West
94 Units
Hwy. 2
To Fairchild
Air Force Base
1,2,3 5,6,7,8