14132 37th Ave S - Apartments FOR SALE


Tukwila, WA 98168- Cascade View
$2,500,000 USD
206-505-9400
14132 37th Ave S, Tukwila, WA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/15
null | 5.57% Cap Rate

14132 37th Ave S
Tukwila, WA 98168
Cascade View


HIGHLIGHTS

  • Seller Financing Available (30% Down, 5% Interest Only)
  • First time on market in 30 years
  • Less than 5 minutes from Tukwila Light Rail Station
  • Close to Seattle-Tacoma International Airport
  • Value-Add Opportunity

OVERVIEW

Seller Financing Available (30% down, 5% Interest Only) The Maple Apartments present a strong value-add investment opportunity located just minutes from Seattle-Tacoma International Airport and the Tukwila International Blvd Light Rail Station. Built in 1967, the property comprises well-configured one-bedroom and two-bedroom units, complemented by an open parking lot, a spacious backyard, and an oversized basement and owner storage area. Residents benefit from a convenient commute to the airport, close proximity to Juba Shopping Mall and Tukwila Village, and excellent regional connectivity via Interstate 5, Interstate 405, and State Route 518. These major highways provide quick access to Downtown Seattle, the Eastside, and surrounding employment centers, enhancing the property’s appeal for renters. Situated just south of Downtown Seattle, Tukwila has established itself as a major commercial and retail hub. Its strategic location, strong transportation network, and continued growth make it an increasingly attractive market for both residents and investors.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

14

PRICE/UNIT

$178,571

CAP RATE

5.57%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maple Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,382 SF

ZONING

MDR

APN/PARCEL ID

161000-0216

ASK ABOUT THIS PROPERTY

Matthew MoloneyWestlake Associates, Inc.More Info
206-505-9400

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Matthew MoloneyWestlake Associates, Inc.More Info
206-505-9400

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