Log In/Sign Up
8525 163rd Ct NE
Redmond, WA 98052
Vision 5 · Multifamily Property For Sale
·
96 Units
Investment Highlights
- Approximately 42% of households in Redmond are renter-occupied, outpacing the national average of 31%
- Redmond far exceeds the national average for education & income: 72% over 25 years old are college educated and median household income is $164,300
- Property owners in the Redmond apartment submarket recorded 96.1% average occupancy in 1Q24, a 30 bps annual increase
- Redmond ranked among the top 40 “2024 Best Suburbs for Young Professionals in America”
- With more jobs than residents, Redmond must import workers, ensuring continued demand for housing in the city
Property Facts
| No. Units | 96 | Building Size | 20,436 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 2013/2023 |
| Building Class | B | Parking Ratio | 2.06/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | TSQ | ||
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 20,436 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built/Renovated | 2013/2023 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | TSQ |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Controlled Access
- Laundry Facilities
- Grill
- Bicycle Storage
- Conference Rooms
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 96 | $1,229 | 161 - 249 |
Property Taxes
| Parcel Number | 660050-0050 | Improvements Assessment | $5,350,100 |
| Land Assessment | $2,755,000 | Total Assessment | $8,105,100 |
Property Taxes
Parcel Number
660050-0050
Land Assessment
$2,755,000
Improvements Assessment
$5,350,100
Total Assessment
$8,105,100
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
