10150 NE 64th St - Apartments FOR SALE


Kirkland, WA 98033
$4,250,000 USD
425-890-9754
10150 NE 64th St, Kirkland, WA for Sale
$4,250,000 USD
Apartments - FOR SALE
1/7
null | 2.65% Cap Rate

10150 NE 64th St
Kirkland, WA 98033


HIGHLIGHTS

  • ¦ SPECTACULAR SITE WITH ACCESS TO IT ALL.
  • ¦ STRONG LEASING ACTIVITY AND DEMAND IN THE REGION
  • ¦ DEVELOPABLE WITH RM 3.6 ZONING

OVERVIEW

Located a block from the water and Marsh Park this large 6 unit property on 10,500sf corner lot has an unbeatable location with lots of upside . Easy access to vibrant downtown Kirkland, the beaches, markets, trails, restaurants, shopping, & Google campuses. Views of the lake and Olympic Mountains from top Floor units this building offers a great unit mix with (2) 1 bed units, (2) 2 bed units, (1) studio and a large 1570 sqft 3 bed unit! Units are fully occupied, clean with timely tenants. Room for increased rents and sweat equity with basic building and cosmetic improvements. There is also value in the land! Build now or hold and Build later. So many opportunities. Buyer to verify.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$937 USD /SF

# OF UNITS

6

PRICE/UNIT

$708,333

CAP RATE

2.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,551 SF

ZONING

RM 3.6

APN/PARCEL ID

264950-0045

ASK ABOUT THIS PROPERTY

Jae EvansJae Evans Real Estate, IncMore Info
425-890-9754

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Jae EvansJae Evans Real Estate, IncMore Info
425-890-9754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.