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Holly Lane Apartments

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Holly Lane Apartments

1017 SW 154th St, Burien, WA 98166
Multi-Family For Sale Available Cap Rate 3.78% Built 1967 3 floors Zoning: RM-18
Asking Price
$1,925,000
Total Building9,250 SF
Available9,250 SF avail
Land12,846 SF land
Parking Total15
& Uncov.
ConstructionStucco,Wood
MarketBurien/Normandy Park
CountyKing

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Overview

Property ID
252284
Listing ID
702414
Type
Multi-Family
Asset Class
Multi-Family
Zoning
RM-18

Description

We are pleased to exclusively offer for sale the Holly Lane Apartments; a 10-unit, value-add apartment community in a superb Burien location. Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large of

Listing Courtesy of:

RI
Ryan Iles
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Burien ZIP: 98166 Type: For Sale

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