16210 80th St | Redmond, WA 98052
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- LoopNet Team
16210 80th St
Redmond, WA 98052
162TEN · Multifamily Property For Sale
·
96 Units
INVESTMENT HIGHLIGHTS
- Expertly designed trophy asset in Redmond, WA, adjacent to the city’s Central Park and a short walk to the Downtown Redmond Light Rail Station
- in-floor radiant heating,2 sun decks, rooftop deck with spectacular views, common kitchens & laundry, music room, art room, TV dens, & ample parking
- Potential to convert model unit and leasing office to income-producing units without Design Review Board approval
- Innovative design, materials conservation, small footprint, & water conservation are just a few features contributing to the property’s LEED Platinum
- 50% of units have been upgraded and are achieving premiums, underscoring the ability to push rents by $200 per unit with a deeper renovation scope
- A dominant technology hub, Redmond is one of the most expensive areas in the Seattle MSA
PROPERTY FACTS
| No. Units | 96 | Building Size | 21,314 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 2017/2023 |
| Building Class | B | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | TSQ | ||
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 21,314 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built/Renovated | 2017/2023 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | TSQ |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Freezer
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Roof Terrace
- Elevator
- Maintenance on site
- Multi Use Room
- Online Services
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 96 | $1,354 | 207 - 286 |
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