149 SW 160th St | Burien, WA 98166
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- LoopNet Team
149 SW 160th St
Burien, WA 98166
Aspire 160 · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Fully renovated in 2019 with new cabinets, countertops, vanities, stainless steel appliances, and vinyl wood plank flooring throughout.
- Directly benefiting from the post-COVID shift in interest to larger, multi-bedroom apartments with over 94% of two-bedrooms comprising the unit mix
- Less than three miles west of Tukwila International Boulevard Station with light rail access to Downtown Seattle and/or Tacoma; Burien transit center
- Situated 18 minutes from Downtown Seattle, just south of downtown Burien; SeaTac airport is less than five miles from the Property
- Walk Score of 86; conveniently located near several shopping centers with easy access to a variety of grocers and retailers
- $60,000 per unit spent on upgrades
PROPERTY FACTS
| No. Units | 36 | Building Size | 30,414 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/2019 |
| Building Class | B | Parking Ratio | 1.74/1,000 SF |
| Lot Size | 1.03 AC | ||
| Zoning | RM-1800, Burien - CC-2 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.03 AC |
| Building Size | 30,414 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1968/2019 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | RM-1800, Burien - CC-2 |
AMENITIES
UNIT AMENITIES
- Balcony
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,408 | 750 |
| 2+1 | 34 | $1,740 | 850 - 880 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,030,400 | |
| Land Assessment | $909,600 | Total Assessment | $6,940,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$909,600
Improvements Assessment
$6,030,400
Total Assessment
$6,940,000
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