Separate bedrooms and baths is a big selling point for new housing project
The architect's rendering of The Nest, new student housing offering under construction which hopes to be able to accept tenants starting Sept. 19.
A different option in housing hopefully awaits Eastern Washington University students for the fall term.
Crews from Brumback Construction are racing against a tight window of time to complete The Nest, a complex of six duplexes on Fifth and Washington streets that will have 12 total units.
Kathy Nichols, owner of River City Management, which will market the properties, said the plan is to have the units completed by Sept. 19.
"Their (the contractor) whole issue is going to be, 'can they get these things done and we don't miss the window for the start of school,'" Nichols said.
The project developer is M & M Housing Solutions, LLC and is owned by Mark Murphy and Matt Pool of Spokane. The value of the project is about $1.8 million when completed.
Each unit measures about 1,500 square-feet with four bedrooms and four full bathrooms. The units also include washer, dryers, dishwasher and large living rooms.
The project is designed to accommodate four roommates who would split the $1,6945 monthly rent (and a $1,600 deposit) between them. Nichols is marketing The Nest primarily to groups of friends.
"The back units will have off-street parking," Nichols said. "The front units will have street parking so the other units might rent for a little more," she said.
The biggest selling point is each tenant has their own bedroom and bathroom. "I told them (the developers) I would not take it if I had to rent rooms (individually)," Nichols said.
The $1,695 monthly rent includes city utilities. Heat, is in addition. If four people rent a unit they pay just under $425 each. New housing units at Gonzaga run for over $600 per bedroom, furnished, Nichols said.
Other student housing with the basics - no washers, dryers - can run around $350-$395 per room, Nichols said. Those units have a shared bathroom.
River City Management offers management for single-family residential, duplexes, multi-units and other investment properties.
Paul Delaney can be reached at [email protected].
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