Bought with Westlake Associates, Inc.
$4,350,000
$4,350,000
For more information regarding the value of a property, please contact us for a free consultation.
8201 244th ST SW Edmonds, WA 98020
18,048 SqFt
Key Details
Sold Price $4,350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 18,048 sqft
Price per Sqft $241
Subdivision Firdale
MLS Listing ID 1696333
Sold Date 08/13/21
Style 56 - 10+ Units
Year Built 1958
Annual Tax Amount $28,580
Lot Size 0.450 Acres
Property Description
The Village Apartments is a 28 unit apartment located in Edmonds. This is a rare opportunity with significant upside. Market cap rate of 6.75%. Double pane windows, and a newer roof. Most unit have been turned in the past 5 years and the building has a heavy concentration of 1 bedrooms.
Location
State WA
County Snohomish
Area _730Southwestsnohom
Interior
Fireplace false
Exterior
Exterior Feature Brick, Stucco
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157