107-109 W Casino Rd - Apartments FOR SALE


Everett, WA 98204
$2,400,000 USD
425-422-7931
107-109 W Casino Rd, Everett, WA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/10
null | 6.42% Cap Rate

107-109 W Casino Rd
Everett, WA 98204


HIGHLIGHTS

  • 2 new roofs in 2024 3rd in 2017
  • Vinyl Windows
  • Fresh Paint

OVERVIEW

Presenting a prime investment opportunity in the heart of Everett, WA! This well-maintained property consists of three 4-plex buildings located on two separate tax parcels, offering a total of 12 units. Two of these buildings were constructed in 1977, while the third was added in 1979. Each unit boasts a comfortable and spacious 808 square feet of living space, featuring two bedrooms and one bathroom. Residents also enjoy the convenience of a common laundry area in each building. Rents are 25% below market. Upgrades include roofs, vinyl windows & Submeter sys. for water.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

4

PRICE/UNIT

$600,000

CAP RATE

6.42%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Canelina Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,750 SF

ZONING

R-3, Everett

APN/PARCEL ID

003935-000-030-05,003935-000-030-07

ASK ABOUT THIS PROPERTY

Corey CrainKeller Williams Commercial Real EstateMore Info
425-422-7931

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Corey CrainKeller Williams Commercial Real EstateMore Info
425-422-7931

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