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Village Manor

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Village Manor

19207 60th Avenue W, Lynnwood, WA 98036
Multi-Family For Sale Available Cap Rate 5.24% Built 1957 1 floors Zoning: CG
Asking Price
$1,900,000
Total Building5,220 SF
Land21,344 SF land
Parking Total10
& Uncov.
MarketEdmonds
CountySnohomish

Read Overview
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Overview

Property ID
306008
Listing ID
707623
Type
Multi-Family
Asset Class
Multi-Family
Zoning
CG

Description

We are pleased to present the Village Manor Apartments, a rare multifamily investment opportunity in the thriving Lynnwood market. This well-maintained 8-unit property offers investors a strong in-place tenant base with clear upside through a proven value-add strategy, already implemented in 50% of the units.The unit mix consists of three 1-bedroom + den units, four 2-bedroom units, and one spacious 2-bedroom + den unit. The renovated 2-bedroom units feature quartz kitchen countertops, refinished cabinetry with new hardware, modern bathroom vanities and tub surrounds, and new LVP flooring in kitchens and bathrooms. Each unit enjoys access to a shared central courtyard and a common laundry room, enhancing tenant appeal.Village Manor Apartments is a low-maintenance asset, with many major b

Listing Courtesy of:

NH
Nick Hemming
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Lynnwood ZIP: 98036 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.