Paragon Real Estate Advisors is excited to exclusively offer the Norge Apartments for sale for the first time since construction in 1978. Built by the current owner’s father with extra care and attention to detail, this 21-unit apartment community offers tremendous upside and value-add opportunity in the coveted Edmonds Bowl neighborhood. Seller financing is available for qualified buyers, please contact listing agents for terms. Norge Apartments is an impressive apartment community with phenomenal curb appeal and has been maintained with great care by the same family ownership since it was built. The building sits on an expansive and gently sloping 27,007 SqFt lot with attractive mature landscaping and ample parking. The units are large, with the 1 bedroom – 1bath units averaging 816 SqFt and the 2 bedroom – 2 bath units averaging 1,135 SqFt. Most of the units feature an additional bonus room/office that offers great value for residents. There is a non-permitted studio unit on the lower level that was added by the owners as an owner/manager unit. Community amenities include secure entry with intercom access, elevator service, a common laundry room located on each floor and tenant storage lockers. A potential buyer has the opportunity to add washers and dryers to units and convert the common laundry rooms into additional rentable square footage. Norge Apartments offers a unique opportunity for investors seeking a high-quality asset offering tremendous rental upside in an unparalleled location. The property has been lovingly maintained and managed by owners with a focus on stability and tenant retention and is perfectly positioned for new ownership that wants a stable, turn-key asset with immediate upside and opportunity to refresh and “reposition” for a greater return.