1225 W Casino Rd | Everett, WA 98204
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1225 W Casino Rd
Everett, WA 98204
Park Place Townhomes · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Value Add Opportunity - Ability to capture significant rental upside through interior renovations
- Attractive In-Place and Pro-Forma Cap Rate - In-place 6.03% Cap and pro-forma 7.25% Cap on-cost
- Year of Construction: 1978 - Interior renovations without major system upgrades needed
PROPERTY FACTS
| No. Units | 28 | Building Size | 28,450 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2.21/1,000 SF |
| Lot Size | 1.61 AC | ||
| Zoning | R-3, Everett | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 28,450 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | R-3, Everett |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $1,700 | 915 |
| 2+1.5 | 14 | - | 1,050 |
| 3+1.5 | 4 | $1,665 | 1,250 |
PROPERTY TAXES
| Parcel Number | 003922-000-018-01 | Improvements Assessment | $5,553,500 |
| Land Assessment | $1,440,500 | Total Assessment | $6,994,000 |
PROPERTY TAXES
Parcel Number
003922-000-018-01
Land Assessment
$1,440,500
Improvements Assessment
$5,553,500
Total Assessment
$6,994,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
