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29 unit Apartment For Sale in Lynnwood


Property Description

The property is in great condition & located just blocks from Hwy 99. The 2 story town home style looks great with brick/ stucco ext. Plenty of parking. Individual fully fenced private backyard most units. Recent improvement: One building of 9 units totally re-built w/ new appliances @ 2007. Total,3 buildings, 29 units. 16 units 2 bedrm /1.5 bath @ $830 & 13 units 1bedrm/1 bath @ $600. total income $254,001 with cap rate 6%. Seller must 1031 exchange with no cost to buyer. No HOA due.


Contact Information

Contact person: Corey Crain
Seller Type: AgentorBroker
Phone: 425-422-7931
Email:
Web Link:


Listing Information

Listing Status: For Sale
Property Type: Apartment Buildings
Price($): 3500000
Street Address: 17422 52 ave W
City: Lynnwood
Region: Washington
ZIP/Postal Code:
Bedrooms: 2 Bed
Bathrooms:
Stories: 2
Square Feet: 21,500 sqft
Lot Size: 54,014 sqft
Year Built: 1967
Owner Finance: No
Cap Rate: 6%
Net Operating Income:
Price Per Square Foot:



Additional Feature:




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All information provided by the listing agent/broker or by the seller is deemed reliable, but is not guaranteed and should always be independently verified.


 

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