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19425 76th Ave W
Lynnwood, WA 98036
76th West Apartments · Multifamily Property For Sale
·
16 Units
Investment Highlights
- Easy to manage building with great cash flow on day one with an attractive 3.41% interest rate on an assumable loan fixed until January 2031.
- Fantastic turnkey property with operational upside by implementing a utility bill back system
- Large unit size, 12 – 1BD/1BTH units and 4 – 2BD/1.5BTH units
- 4.31 % day one cash-on-cash return
- All units have a large deck or patio
Property Facts
| No. Units | 16 | Building Size | 12,775 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1976/2018 |
| Building Class | C | Parking Ratio | 2.43/1,000 SF |
| Lot Size | 1.50 AC | ||
| Zoning | RML - 133 - Multi-Family | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 12,775 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2018 |
| Parking Ratio | 2.43/1,000 SF |
| Zoning | RML - 133 - Multi-Family |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Deck
- Double Pane Windows
- Freezer
- Patio
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 750 |
| 2+1.5 | 4 | - | 925 - 950 |
Property Taxes
| Parcel Number | 270417-003-018-00 | Improvements Assessment | $2,673,900 |
| Land Assessment | $1,658,500 | Total Assessment | $4,332,400 |
Property Taxes
Parcel Number
270417-003-018-00
Land Assessment
$1,658,500
Improvements Assessment
$2,673,900
Total Assessment
$4,332,400
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