5720 198th St SW - Apartments FOR SALE
Lynnwood, WA 98036 |
$9,500,000 USD
206-826-5731
5720 198th St SW
Lynnwood, WA 98036
HIGHLIGHTS
- Favorable Operating Environment - Location in Snohomish County accesses favorable landlord-tenant legislation
- Value-Add Opportunity - Current rents $400-$500 below comparable properties nearby
- Additional Income Potential - RUBS began implementation in September All but one unit have a storage locker in the basement Parking ratio of 1.38 | 1
FOR SALE DETAILS
PRICE
$9,500,000 USD
PRICE/SF
$179 USD /SF
# OF UNITS
42
PRICE/UNIT
$226,190
CAP RATE
3.18%
% LEASED
95%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tanglewood Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1967
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.65 AC
LAND SF
71,874 SF
ZONING
RMM
APN/PARCEL ID
005653-000-011-07
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206-826-5731
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206-826-5731
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