Bought with Westlake Associates, Inc.
$4,350,000
$4,350,000
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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
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.