117 Wells Ave S - Apartments FOR SALE


Renton, WA 98057- Downtown Renton
$4,675,800 USD
206-858-6800
117 Wells Ave S, Renton, WA for Sale
$4,675,800 USD
Apartments - FOR SALE
1/51
null | 7.38% Cap Rate

117 Wells Ave S
Renton, WA 98057
Downtown Renton


HIGHLIGHTS

  • Prime Downtown Location
  • Across from Riverfront Park & the River Walk
  • Steps to dining, coffee, shopping, and transit
  • High appreciation potential

OVERVIEW

Investor Alert! SATARA Townhouses — Mini-Suites Hotel | Downtown Renton’s Premier New Modern Mixed-Use Opportunity! Boutique 6-unit luxury townhouse community with a street-front commercial office suite—perfect for live/work, boutique hotel, or income property. Exceptional potential for Airbnb, traveling-nurse stays, or turn-key hotel-style operation—no rental cap, no HOA restrictions, and ready for immediate income! Each modern 2BD/2.5BA home showcases open-concept living, tall ceilings, oversized windows, designer kitchens with stainless appliances, and all appliances included—even washer & dryer! Bedrooms feature private en-suites, covered decks, and attached garages. The front commercial office (~566 SF) adds flexibility and long-term value. Prime Downtown Location! Across from Riverfront Park & the River Walk—steps to dining, coffee, shopping, and transit. Strong cash flow, high appreciation potential, and endless rental demand—a rare turn-key multifamily or boutique-hotel investment in Renton’s fastest-growing market. Pricing: • 4 units @ $759,800 each • 2 premium units @ $799,850 each Total Offering: 6 Units + 566 sqft Commercial Office

FOR SALE DETAILS

PRICE

$4,675,800 USD

PRICE/SF

$407 USD /SF

# OF UNITS

6

PRICE/UNIT

$779,300

CAP RATE

7.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Satara Townhouses

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CD

APN/PARCEL ID

000720-0168,723150-2025

ASK ABOUT THIS PROPERTY

Nicholas VilvandreKW Commercial Seattle Metro WestMore Info
206-858-6800

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Nicholas VilvandreKW Commercial Seattle Metro WestMore Info
206-858-6800

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