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545 Bellevue Way SE
Bellevue, WA 98004
Town and Country Apartments · Multifamily Property For Sale
·
22 Units
PROPERTY FACTS
| No. Units | 22 | Lot Size | 0.92 AC |
| Property Type | Multifamily | Building Size | 20,050 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Zoning | R20 | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 20,050 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | R20 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
SITE AMENITIES
- Courtyard
ABOUT 545 BELLEVUE WAY SE , BELLEVUE, WA 98004
The 23 (one non-conforming) unit Town and Country Apartments is ideally located just minutes from the downtown core of Bellevue. A mix of 1, 2, and 3 bedroom units spread across a large 40,000 SqFt Lot, the Town and Country is a rare opportunity to own a unique asset with strong cash flow situated within a rapidly growing market. 6 units have been totally updated with new appliances, floors, counters, cabinets, and washer/dryer. Recent replacement o f t he roof, balconies, signage, landscaping and 6 units totaling close to $500,000 of improvements over the last year make putting in the remaining upgrades to increase rents easy. The private full size dog park, individual yards for many units and ample parking make this one of the most unique and attractive properties to tenants working across all sectors of downtown Bellevue. With the incredible Bellevue Square and all major Bellevue employers situated less than a mile away, there is easy access everything this booming market has to offer.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | $1,400 | 693 |
| 2+1 | 2 | $2,000 | 950 |
| 2+2 | 4 | $1,775 | 976 - 1,000 |
| 3+2 | 1 | $1,500 | 1,274 |
PROPERTY TAXES
| Parcel Number | 066600-0190 | Improvements Assessment | $3,778,800 |
| Land Assessment | $3,406,200 | Total Assessment | $7,185,000 |
PROPERTY TAXES
