4223 164th St SW - Apartments FOR SALE
Lynnwood, WA 98087 |
4223 164th St SW
Lynnwood, WA 98087
HIGHLIGHTS
- 6-unit property consisting of a townhome-style Fourplex building and a rambler duplex sitting on one .5 acre parcel.
- Currently offered at a 5.5% Cap Rate; Fully-occupied with great cash flow and significant room to raise rents. Solid turn-key investment property.
- Zoning will allow for 11 units with room to build more. Lots of value-add options.
- Newer windows, newer roof, etc. All units have W/D hook-ups. Some updated interiors & upgraded exteriors.
- High-demand rental located in desirable Lynnwood w/ proximity to freeways, major employers, retail & restaurants.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
UNDER CONTRACT Alderwood 6-Unit Multifamily
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5982
STORIES
2
YEAR BUILT
1989
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
003729-002-002-01
