7714 196th St SW | Edmonds, WA 98026
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This Multifamily Property is no longer advertised on LoopNet.com.
7714 196th St SW
Edmonds, WA 98026
Olympic West Apartments · Multifamily Property For Sale
·
37 Units

INVESTMENT HIGHLIGHTS
- Recently received significant upgrades, including a new roofing TPO in 2023, new siding as needed, and nearly all units have been modernized
- The area is home to major employers such as Swedish Edmonds Hospital, Edmonds School District, and Boeing's Everett Production Facility
- Prime location with exceptional connectivity to Seattle, Bellevue, Everett, and beyond via I-5, I-405, and Light Rail
- The submarket serves a diverse renter base with a mix of affordable and high-end communities with rent growth outpacing the Seattle metro average
PROPERTY FACTS
| No. Units | 37 | Building Size | 33,650 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.9/1,000 SF |
| Lot Size | 1.36 AC | ||
| Zoning | RM15 | ||
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 33,650 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | RM15 |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 15 | - | 705 |
| 2+1.5 | 12 | - | 936 |
| 3+2 | 10 | - | 1,146 |
LINKS
PROPERTY TAXES
| Parcel Number | 270419-001-007-00 | Improvements Assessment | $9,556,900 |
| Land Assessment | $1,656,400 | Total Assessment | $11,213,300 |
PROPERTY TAXES
Parcel Number
270419-001-007-00
Land Assessment
$1,656,400
Improvements Assessment
$9,556,900
Total Assessment
$11,213,300
Listing ID: 34554258
Date on Market: 1/21/2025
Last Updated:
Address: 7714 196th St SW, Edmonds, WA 98026
The Multifamily Property at 7714 196th St SW, Edmonds, WA 98026 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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NEARBY LISTINGS
1 of 1
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