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2709 Lincoln Way
Lynnwood, WA 98087
Evergreen Grove Apartments · Multifamily Property For Sale
·
73 Units
Investment Highlights
- Easy value-add opportunity
- Hook-ups for a full-sized washer and dryer in every unit
- With MR zoning there may be a potential to add 7 units
- All new pitched asphalt single roofing in 2020
- Private decks or patios with storage closets
- Well located near future light rail
Property Facts
| No. Units | 73 | Building Size | 73,927 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | B | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 3.71 AC | ||
| Zoning | MR | ||
| No. Units | 73 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.71 AC |
| Building Size | 73,927 SF |
| Average Occupancy | 99% |
| No. Stories | 3 |
| Year Built | 1983 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | MR |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Picnic Area
- Basketball Court
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,285 | - |
| 2+2 | 56 | $1,470 | - |
| 3+2 | 1 | $1,690 | - |
Property Taxes
| Parcel Number | 003733-008-007-03 | Improvements Assessment | $16,437,100 |
| Land Assessment | $2,549,900 | Total Assessment | $18,987,000 |
Property Taxes
Parcel Number
003733-008-007-03
Land Assessment
$2,549,900
Improvements Assessment
$16,437,100
Total Assessment
$18,987,000
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