716 3rd St - Apartments FOR SALE


Mukilteo, WA 98275
$4,100,000 USD
206-442-2764
716 3rd St, Mukilteo, WA for Sale
$4,100,000 USD
Apartments - FOR SALE
1/6
null | 4.45% Cap Rate

716 3rd St
Mukilteo, WA 98275


HIGHLIGHTS

  • Walkable Waterfront Location
  • Heart of Downtown Mukilteo
  • Stunning Puget Sound Views
  • Proximate to Major Employers
  • One of only 8 Apartment Buildings in Downtown
  • Built to Condo Specifications

OVERVIEW

CBRE is pleased to introduce Old Town Mukilteo, a rare mixed-use investment opportunity built in 2016. The property features six large two-bedroom, two-bathroom residential units averaging 1,438 square feet, along with two fully occupied ground-floor retail suites averaging approximately 427 square feet. Designed more like high-end condominiums, the residential units include wood cabinetry, quartz and granite countertops, stainless steel appliances, in-unit washer and a blend of hardwood, tile, and dryers, and carpet flooring. Each unit also offers a private deck with Puget Sound views, ample storage, and access to secure garage parking.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$397 USD /SF

# OF UNITS

6

PRICE/UNIT

$683,333

CAP RATE

4.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old Town Mukilteo

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,277 SF

ZONING

DB

APN/PARCEL ID

005969-003-009-00,005969-003-010-02

ASK ABOUT THIS PROPERTY

206-442-2764

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

206-442-2764

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