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936 N 198th St
Seattle, WA 98133
The Encore Apartments · Multifamily Property For Sale
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12 Units
Investment Highlights
- Excellent Value Add Opportunity
- Great Shoreline/Echo Lake Location
- $250,000 per unit
- Low Maintenance Building
- Market 6.63% CAP and Renovated 6.61% CAP
- Upside in Raising below market rents
Property Facts
| No. Units | 12 | Building Size | 8,400 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 2.38/1,000 SF |
| Lot Size | 0.41 AC | ||
| Zoning | R24 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 8,400 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 2.38/1,000 SF |
| Zoning | R24 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $1,575 | 700 |
Property Taxes
| Parcel Number | 222790-0075 | Improvements Assessment | $1,387,600 |
| Land Assessment | $1,154,400 | Total Assessment | $2,542,000 |
Property Taxes
Parcel Number
222790-0075
Land Assessment
$1,154,400
Improvements Assessment
$1,387,600
Total Assessment
$2,542,000
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