14506 NE 6th Pl - Apartments FOR SALE


Bellevue, WA 98007- Wilburton-NE 8th St
$2,200,000 USD
206-457-6775
14506 NE 6th Pl, Bellevue, WA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/46
null | 4.03% Cap Rate

14506 NE 6th Pl
Bellevue, WA 98007
Wilburton-NE 8th St


HIGHLIGHTS

  • Excellet location in Bellevue's Crossroads neighborhood
  • Large units with functional layouts - Average of 1,194 SF
  • Great unit mix: 1-2BD/1BTH | 2-2BD/1.5BTH | 1-3BD/2BTH
  • All units have in-unit washer/dryer
  • 4 secure garage stalls - one dedicated for each unit
  • All units have private entrace

OVERVIEW

The Stoneridge Fourplex is located on a 9,834 SF Lot in a neighborhood that always has high rental demand and historically low vacancy rates. Every apartment features the amenities today’s renters want most, in-unit washer and dryer, smart and functional floor plans, and full kitchen appliance packages including dishwashers. Interiors blend original character with thoughtful updates completed over time, creating a solid foundation for value growth. The units are large, with an average size of 1,193 SF. The unit mix consists of 1 – 2BD/1BTH unit that is 995 SF, 2 – 2BD/1.5BTH units that are 1,220 SF and 1 – 3BD/2BTH unit that is 1,365 SF. The building has 4 secure garages along with 2 uncovered stalls allowing for ample parking and secure storage at the property for the tenants.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

4

PRICE/UNIT

$550,000

CAP RATE

4.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stoneridge Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,453 SF

ZONING

LDR-3

APN/PARCEL ID

803570-0180

ASK ABOUT THIS PROPERTY

Will DouglasParagon Real Estate AdvisorsMore Info
206-457-6775

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Will DouglasParagon Real Estate AdvisorsMore Info
206-457-6775

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