Apartment Buildings /WA /King County /Seattle /8708 Rainier Ave S
Apartment Buildings /WA /King County /Seattle /8708 Rainier Ave S

8708 Rainier Ave S - Apartments FOR SALE


Seattle, WA 98118- Dunlap | 
$1,600,000 USD
206-826-5715
8708 Rainier Ave S, Seattle, WA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/18
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8708 Rainier Ave S
Seattle, WA 98118
Dunlap

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HIGHLIGHTS

  • Strong historical occupancy averaging more than 97% over the past 36 months
  • Property currently receives a 100% tax exemption
  • Property offered at an attractive price per unit well below replacement cost
  • Property is offered free and clear of current financing

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

30

PRICE/UNIT

$53,333

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starliter Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1962

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

NC2-55 (M)

APN/PARCEL ID

352404-9011

ASK ABOUT THIS PROPERTY

Ben BarkerCBREMore Info
206-826-5715

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Ben BarkerCBREMore Info
206-826-5715

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