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105 N MacLeod Ave
Arlington, WA 98223
6.8 CAP RATE · Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 5,250 SF
No. Stories 2
Year Built 1984
Parking Ratio 2.86/1,000 SF
Zoning CBD, Arlington

AMENITIES

UNIT AMENITIES

  • Storage Space
  • Refrigerator
  • Range

SITE AMENITIES

  • 24 Hour Access

ABOUT 105 N MACLEOD AVE , ARLINGTON, WA 98223

This Arlington 10-unit building consists of 9 1x1 units and 1 studio 1 bedrooms should be at $1,000 per month which would increase cap rate to over 7%. There is also common coin operated laundry and storage on site for tenant use. The lot is very large at 13,504 square feet and zoned OTBD-1 which will allow for future development. It is also centrally located in Arlington only a block from the Olympic, which is the main street. There are many restaurants, a theater, bowling alley and banks within a few minute walk from the building. Majority of the units have laminate hardwood.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $875.00 475
1+1 9 $950.00 572

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003788-005-011-00
Land Assessment
$280,500
Improvements Assessment
$1,146,300
Total Assessment
$1,426,800
  • Listing ID: 12250982

  • Date on Market: 4/13/2018

  • Last Updated:

  • Address: 105 N MacLeod Ave, Arlington, WA 98223

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