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423 SW 155th St
Seattle, WA 98166
Burien 8 · Multifamily Property For Sale
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8 Units
Investment Highlights
- Located in Downtown Burien, a strong and walkable South King County submarket
- Brand new paved and striped parking lot for tenants
- Efficient eight-unit configuration with a balanced mix of one bedroom and two-bedroom floor plans
- Newer construction asset built in 2009 with updated systems throughout
- Highly attractive basis at $1,475,000 representing a compelling price per unit for a newer vintage property
- Two units delivered vacant allowing immediate lease up at market rents
Property Facts
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 5,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2.12/1,000 SF |
| Zoning | MU-2 CD | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,200 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | MU-2 CD |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,325 | 600 |
| 2+1 | 4 | $1,475 | 700 |
Property Taxes
| Parcel Number | 122000-1221 | Improvements Assessment | $1,437,000 |
| Land Assessment | $195,000 | Total Assessment | $1,632,000 |
Property Taxes
Parcel Number
122000-1221
Land Assessment
$195,000
Improvements Assessment
$1,437,000
Total Assessment
$1,632,000
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