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10707 Des Moines Memorial Dr
Seattle, WA 98168
Arbutus Apartments · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Convenient Seattle location less than 9 miles south (17 minutes) of Downtown Seattle
- Originally designed as condominiums and feature higher-grade construction elements
- Parking: 25+ total spaces including 15 large private garages
- 12-unit apartment community with all huge 2bd/1.5bth units (1,351 sq.ft.)
- Huge condo-style floorplans: large rooms, open layout, wet bar, extra storage and more
- Significant immediate upside in rental income (6%+ Market Cap Rate)
Property Facts
| No. Units | 12 | Lot Size | 0.59 AC |
| Property Type | Multifamily | Building Size | 16,212 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Zoning | R18, Seattle | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 16,212 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | R18, Seattle |
Amenities
Unit Amenities
- Balcony
- Fireplace
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | 1,351 |
Property Taxes
| Parcel Number | 535720-0075 | Improvements Assessment | $2,255,200 |
| Land Assessment | $315,800 | Total Assessment | $2,571,000 |
Property Taxes
Parcel Number
535720-0075
Land Assessment
$315,800
Improvements Assessment
$2,255,200
Total Assessment
$2,571,000
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