• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » California investor buys South Hill apartment complex

California investor buys South Hill apartment complex

39 living-unit Timber Court acquired for $2.1 million

February 25, 2016
Mike McLean

Chris Nelson, of Manton, Calif., has bought the Timber Court Apartments complex on the South Hill for $2.1 million, says Joel Crosby, a commercial real estate broker involved in the transaction.

Timber Court Apartments, located at 2707 E. 37th, has 39 units in four two-story buildings and one three-story building. The complex was constructed in 1976.

Nelson, a cattle rancher, acquired the fully leased property as an investment from Odessa, Wash.-based EZ Properties LLC, says Crosby, of the Spokane brokerage Coldwell Banker Tomlinson Commercial.

Crosby and Hank Seipp, of Spokane Valley-based Berkshire Hathaway HomeServices First Look Realty, negotiated the transaction.

Investment

ABC Investment Group LLC, an Airway Heights-based subsidiary of Edmonton, Alberta-based Northern Investments Inc., has bought as an investment 18 acres of land at 2001 S. Hayford Road. Doug Byrd, of Byrd Real Estate Group LLC, handled the transaction.

Lawrence B. Stone Properties #42 LLC, of Spokane, has bought as an investment 35 acres of vacant land at 3420 N. Tschirley, in Spokane Valley. Doug Byrd, of Byrd Real Estate Group LLC, and Mark Lucas, of Kiemle & Hagood Co., handled the transaction.

Retail & Service

V Twin Brewing Co. has leased 1,600 square feet of space at 2302 N. Argonne, where it plans to open a new Spokane Valley brewery and bar in late spring. Doug Byrd, of Byrd Real Estate Group LLC, handled the transaction.

A Personal Fit LLC has leased 5,300 square feet of space for a fitness studio at 1300 N. Mullan Road and has moved there from smaller quarters nearby. Mike King, of NAI Black, handled the transaction.

Janhsen Properties LLC, a Priest River, Idaho, farm equipment dealer, has bought a 27,700-square-foot warehouse on 24 acres of land at 20156 state Route 41, in Spirit Lake, Idaho. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.

Housing

Spokane Treatment & Recovery Services has bought a 3,700-square-foot, vacant group-living facility at 14819 E. Mission and plans to provide transitional housing there. Jody Johnson, of NAI Black, handled the transaction.

    Latest News Real Estate & Construction
    • Related Articles

      West Side investor buys North Side apartment complex

      South Hill senior apartment complex to undergo renovation

      Expansion planned at South Hill apartment complex

    Mikemclean
    Mike McLean

    Deer Park golf subdivision gets preliminary nod

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    Subscribe

    Featured Poll

    How much are you spending on holiday shopping this year?

    Popular Articles

    • By Tina Sulzle

      Trader Joe's puts forward plans in Spokane Valley

    • Vintage (10) c
      By Tina Sulzle

      Aloha Vintage marketplace opens in Millwood

    • 1319f8394524761fe62efd46371b1cb6
      By Dylan Harris

      Silverwood to be acquired by Atlanta company

    • By Journal of Business Staff

      Nordstrom Rack eyes new North Spokane location

    • Topgolf web
      By Ethan Pack

      Topgolf project moves forward in Liberty Lake

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2025 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing