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22921 30th Ave S
Des Moines, WA 98198
Halltree Apartments · Multifamily Property For Sale
·
40 Units
Investment Highlights
- LIGHT VALUE ADD OPPORTUNITY: Will be available to capture significant rental upside through light renovations
- ATTRACTIVE YEAR OF CONSTRUCTION: Built in 1987 and all 40 units have a washer & dryer installed
- SHORT DRIVE TO DOWNTOWN SEATTLE OR TACOMA: 20-minute drive to Downtown Seattle and Downtown Tacoma
- LIGHT RAIL 2025 COMPLETION: Kent/Des Moines Light Rail Station to be completed in 2025, 0.6 miles from the property
- SPACIOUS UNITS AVERAGING: ±812 SF Larger units have a condo-quality feel, with vaulted ceilings on the top floor
- AMPLE PARKING FOR RESIDENTS: Both covered and off-street surface parking for residents
Property Facts
| No. Units | 40 | Building Size | 32,650 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 1.61 AC | ||
| Zoning | PR-C | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.61 AC |
| Building Size | 32,650 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1987 |
| Parking Ratio | 2/1,000 SF |
| Zoning | PR-C |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Wi-Fi
- Maintenance on site
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 625 |
| 2+1 | 23 | - | 865 |
| 3+1 | 5 | - | 1,020 |
Property Taxes
| Parcel Number | 250060-0230 | Improvements Assessment | $5,792,800 |
| Land Assessment | $2,457,200 | Total Assessment | $8,250,000 |
Property Taxes
Parcel Number
250060-0230
Land Assessment
$2,457,200
Improvements Assessment
$5,792,800
Total Assessment
$8,250,000
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