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8550 164th Ave NE
Redmond, WA 98052
Harmony Development Site · Multifamily Property For Sale
·
99 Units
Investment Highlights
- Fully permitted 0.25-acre development site in Redmond, WA, the fourth most expensive submarket in the Seattle MSA
- Designs for Harmony capitalize on the Seller’s lengthy experience developing and leasing up comparable properties
- Dominant Employment Hub with Strong Rental Demand
- Downtown Redmond Development Site
- Opportunity to Maximize Rental Income
Property Facts
| No. Units | 99 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Construction Status | Abandoned |
| Property Subtype | Apartment | Building Size | 28,891 SF |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | B | ||
| Zoning | TSQ - Town Square Zoning | ||
| No. Units | 99 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Construction Status | Abandoned |
| Building Size | 28,891 SF |
| No. Stories | 6 |
| Zoning | TSQ - Town Square Zoning |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 91 | - | 194 |
| 1+1 | 4 | - | 483 |
| 2+2 | 4 | - | 759 |
Property Taxes
| Parcel Number | 012505-9111 | Improvements Assessment | $1,000 |
| Land Assessment | $2,700,000 | Total Assessment | $2,701,000 |
Property Taxes
Parcel Number
012505-9111
Land Assessment
$2,700,000
Improvements Assessment
$1,000
Total Assessment
$2,701,000
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