231 S 177th Pl | Burien, WA 98148
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231 S 177th Pl
Burien, WA 98148
Avon Park · Multifamily Property For Sale
·
85 Units
Investment Highlights
- Avon Park is an ideal target for value-add investors in terms of size and vintage.
- Located along the shores of the Puget Sound, the MSA is home to more than 4 million residents, making it the most populated metropolitan area in WA
- According to WalletHub, the Seattle, WA, MSA ranks among the top 10 most educated metro areas in the U.S.
- Proven Value-Add: Opportunity to increase rents by $347 over in-place rents
- Access to Major Employers: Quick access to I-5, SR 509, and The Link Light Rail
- One of the best large U.S. metros at retaining college grads from all 2-and 4-year colleges and universities, with a nearly 74% retention rate
Property Facts
| No. Units | 85 | Building Size | 68,900 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Lot Size | 2.54 AC | ||
| Zoning | R4 | ||
| No. Units | 85 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.54 AC |
| Building Size | 68,900 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built | 1985 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Deck
- Freezer
- Patio
- Smoke Free
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Cabana
- Pet Play Area
- Racquetball Court
- Renters Insurance Program
- Maintenance on site
- Online Services
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 36 | - | 680 |
| 2+1 | 30 | - | 860 |
| 2+2 | 18 | - | 970 |
| 3+1 | 1 | - | 1,160 |
Property Taxes
| Parcel Number | 322304-9311 | Improvements Assessment | $15,623,100 |
| Land Assessment | $1,797,900 | Total Assessment | $17,421,000 |
Property Taxes
Parcel Number
322304-9311
Land Assessment
$1,797,900
Improvements Assessment
$15,623,100
Total Assessment
$17,421,000
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