DubSea,built in 2015, offering 42 thoughtfully designed units.Open floor plans, tall ceilings, Wood laminate floors in the main living areas. This property boasts a current in-place cap rate of 5.5%, with a market cap rate of 6.2%, making it an attractive investment opportunity. variety of unit types, studios, 1-bedroom, 2-bedroom, and 3-bedrooms, 54 off-street parking spaces.Picnic area,playground and a fully equipped fitness center,secure building access, security cameras, in-unit washer and dryers.LED lighting, double-pane windows, and state-of-the-art insulation ensure comfort and cost savings. A quick commute to downtown Seattle, Boeing, SeaTac, I-405, and I-90, West Seattle’s shopping and dining venues are within walking distance. The DubSea Apartments offers new ownership strong investment potential. Rents are below market and the property offers significant potential for rental upside. This exceptional investment opportunity offers numerous benefits that are ideal for investors. The modern construction ensures low insurance rates, as well as minimal maintenance and repair costs. Moreover, in Washington State, newly constructed apartment buildings are exempt from the recent rent control laws for the first 12 years following the issuance of the first certificate of occupancy. This allows for greater flexibility and potential profitability in managing rental agreements. The property’s desirable, up-and-coming location positions the property for strong future appreciation. With its excellent location, desirable unit mix, and strong investment potential, DubSea is poised to provide robust returns coupled with the ease of maintenance and management for the next owner. This combination of factors not only enhances its appeal as a rental property but also underscores its potential for long-term value growth.Priced Under Assessed Value!