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Burien 8

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Burien 8

423 SW 155th St, Burien, WA 98166
Multi-Family For Sale Pending Cap Rate 4.98% Built 2009 2 floors Zoning: MU-2 CD
Asking Price
$1,475,000
Total Building5,200 SF
Land7,500 SF land
MarketBurien/Normandy Park
CountyKing

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Overview

Property ID
305923
Listing ID
707145
Type
Multi-Family
Asset Class
Multi-Family
Zoning
MU-2 CD

Description

We are pleased to present Burien 8, an eight-unit apartment community located in the heart of Burien, Washington. Burien 8 offers investors the opportunity to acquire a well-maintained apartment property in a highly desirable, walkable location with immediate income upside and additional long-term value-add potential. New ownership can capitalize on a strong and rising rental market through near-term lease-up and rent optimization, while retaining the optionality to further enhance returns through a light renovation or repositioning strategy.Built in 2009, the property benefits from modern construction standards and a low-maintenance ownership profile. With a 94 Walk Score, Burien 8 provides tenants immediate access to restaurants, shopping, grocers, nightlife, and public transit, making

Listing Courtesy of:

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

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