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6911-6921 Rainier Dr
Everett, WA 98203
Rainier Townhouse Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Value-add opportunity: ability to renovate units and raise rents by approximately $300 to market level
- Within 10 minutes of Boeing’s main production facility, Everett at Paine Field; home to 30,000+ jobs
- All homes have in-unit washers and dryers
- Proven renovation premiums with recent leases already achieving renovated Pro Forma rents
- Large two-bedroom townhome units with ±900 square foot floor plans
- Easy access to I-5 and major employers in Everett, Seattle, and Bellevue all within 30 minutes
Property Facts
| No. Units | 24 | Building Size | 24,192 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 0.87 AC | ||
| Zoning | R3, Everett | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.87 AC |
| Building Size | 24,192 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | R3, Everett |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Online Services
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 24 | $1,975 | 900 |
Property Taxes
| Parcel Number | 003928-004-014-00 | Improvements Assessment | $3,976,300 |
| Land Assessment | $955,800 | Total Assessment | $4,932,100 |
Property Taxes
Parcel Number
003928-004-014-00
Land Assessment
$955,800
Improvements Assessment
$3,976,300
Total Assessment
$4,932,100
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