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Van Lloyd

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Van Lloyd

255 SW 154th St, Burien, WA 98166
Multi-Family For Sale Available Built 1959 2 floors Zoning: RM-24
Asking Price
$2,800,000
Total Building7,936 SF
Land14,810 SF land
Parking Total12
& Uncov.
MarketBurien/Normandy Park
CountyKing

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Overview

Property ID
266560
Listing ID
705758
Type
Multi-Family
Asset Class
Multi-Family
Zoning
RM-24

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

Listing Courtesy of:

MB
Mitchell Belcher
Berkadia Real Estate Advisors, LLC
411 108th Avenue NE Suite 1080,
Bellevue, WA 98004
State: WA City: Burien ZIP: 98166 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.