Description
We present Van Lloyd Apartments, a best-in-class 12-unit multifamily investment located in Burien’s dynamic Midtown neighborhood. This extensively renovated boutique community—available free and clear or with attractive loan assumption—combines top-tier unit finishes, proven operational upgrades, and strong income potential. o Between 2021 and 2025, the current owner invested over $375,000 ($31,250+/unit) in comprehensive interior and exterior capital improvements. Each renovated apartment features white shaker cabinetry, quartz countertops, decorative tile backsplashes, stainless steel appliances, vinyl plank flooring, in-suite washers and dryers or hookups, LED lighting, and dual-pane windows—upgrades that demand higher rental rates and attracting high-quality residents. Extensive mecha