Marketing Description: This LEED Platinum certified property is a masterpiece of design and sustainability, boasting modern amenities and thoughtful community spaces. Situated near Central Park and steps away from the Downtown Redmond Light Rail Station, this trophy asset offers a unique living experience. Redmond is a sought-after location, home to major tech giants and high-earning professionals. With assumable debt at low interest rates, this property presents a rare chance for a high return on investment. Upgrading units can yield significant rental increases, providing ample room for growth. Additionally, there is a possibility to convert existing spaces for added income without approval barriers. Don't miss the chance to own a piece of this vibrant market, where the demand for quality housing is insatiable. Investment Highlights: LEED Platinum Property in Prime Location: Expertly designed trophy asset in Redmond, WA, adjacent to the city’s Central Park and a short walk to the Downtown Redmond Light Rail Station; innovative design, materials conservation, small footprint, and water conservation are just a few features contributing to the property’s LEED Platinum certification Thoughtful, Quality Design and Build: With an emphasis on eco-friendly materials, the building features meaningful community spaces and luxury amenities, including in-floor radiant heating, two sun decks, a rooftop deck with spectacular views, common kitchens and laundry, music room, art room, TV dens, and ample garage parking Multiple Options for Upside: 50% of units have been upgraded with in-floor radiant heating and are achieving premiums; a model unit and leasing office can be converted to income-producing units without Design Review Board approval* *once Adaptive Reuse Code is in place Affluent Submarket with Insatiable Rental Demand: A dominant technology hub, Redmond is one of the most expensive areas in the Seattle MSA; the city is home to Microsoft, Nintendo, Honeywell, and is favored by well-compensated tech workers as a result; the average mortgage payment for a single-family home sits at nearly $10K per month Low Risk, High Return: Low-interest assumable debt; property is listed well below replacement cost; new ownership to benefit from positive cash flow Day 1 with multiple opportunities to increase NOI immediately