Marcus & Millichap are pleased to present Pinehurst Apartments, a well-maintained 16-unit community constructed in 1968, located at 733 10th Street NE, Auburn, WA 98002. The property is in excellent condition and has recently received interior renovations to fourteen of the units, as well as exterior upgrades that include new roofs, exterior paint, and improved landscaping. Through operational improvements, a new owner will benefit from the opportunity to increase the current EGI by an estimated 9% by increasing the monthly rents and utility bill-back to match comparable properties in the area. Pinehurst presents an excellent opportunity for an investor seeking a high-quality asset with ease of management and long-term upside. Available with additional 24-unit property, Cambridge Lane Apartments, located on same block at 808-908 I Street NE, Auburn, WA. See Listing Agents for additional details.