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Renton 6

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Renton 6

441 445 Smithers Ave S, Renton, WA 98057
Multi-Family For Sale Available Cap Rate 5.66% Built 1981 2 floors Zoning: R-14
Asking Price
$1,200,000
Total Building4,100 SF
Land418,176,000 SF land
MarketRenton
CountyKing

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Overview

Property ID
306462
Listing ID
710059
Type
Multi-Family
Asset Class
Multi-Family
Zoning
R-14

Description

We are pleased to present the exclusive offering of Renton 6, a six unit apartment community ideally located in the heart of Downtown Renton. The property is comprised of a turn-of-the-century duplex and a fourplex that was added to the lot in the 1980’s. Renton 6 offers investors the opportunity to acquire a well-maintained, income-producing asset in a highly walkable location with stable day-one cash flow and additional future upside. New ownership can capitalize on strong in-place returns while continuing to optimize rents and operations in a supply-constrained submarket.Constructed in the 1980s with a durable, low-maintenance design, the property provides long-term ownership stability with limited capital expenditure requirements. With a 93 Walk Score, Renton 6 offers tenants immedia

Listing Courtesy of:

TF
Tanner Fogle
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Renton ZIP: 98057 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.