Fourth Avenue Capital (FAC) has acquired Village on Broadway, a 148-unit class B workforce housing community located in Spokane Valley, Wash. The acquisition expands FAC's portfolio to 26 properties, including three others in the Spokane–Coeur d’Alene MSA.
Built in 1996, Village on Broadway sits on 7.3 acres and consists of 148 apartment homes across 13 residential buildings and a standalone leasing office. The community offers a diverse mix of one-, two- and three-bedroom floorplans, averaging 926 square feet. Residents benefit from multiple parking options, including 270 total spaces — featuring one carport per unit, as well as garage and surface parking.
Each apartment includes full-size washers and dryers, air conditioning, and built-in desks.
Situated between downtown Spokane and Coeur d’Alene, Idaho, the property offers convenient access to Interstate 90, placing residents within easy reach of the region’s major employment hubs, shopping and recr
