Provided by NWMLS, Listed by David Petersen, Westlake Associates, Inc.
936 N 198th Street
Shoreline, WA, 98133
$3,000,000
$357 per ft²
$3,000,000
$357 per ft²
Active
Active
- For Sale8,400 ft²
Multi-family
Built 1962
The Encore Apartments offers a new investor a great value add opportunity in a landlord friendly city. A new investor over time can also renovate units upon turnover and modernize each unit with stainless steel appliances, granite/quartz counters, new cabinets etc. In current condition, a new investor can raise rents and get this building to a 6.63% CAP Rate. If they decided to fully renovate each unit, a new investor could get to a 6.61% CAP Rate.
MLS® ID:
2036155
Listed:
2/13/23
Updated:
5/29/23
Windermere Real Estate GH LLC
Adam Cobb
Interior Features
Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Forced Air
Exterior/Building Features
Lot Size
0.41 acres lot
Exterior Features
Wood
Architectural Style
Multi Family
Roof
Flat
Sewer
Sewer Connected
School Information
High School
Shoreline
Other Property Details
Area Name
715 - Richmond Beach/S
Taxes
$29386
Tax Frequency
per YEAR
Garage
No
Parking
20
Parking Total
20.0
View
N
County
King
Pool
No
Total Stories
2
Buyer Agency Compensation
2.5
Provided by NWMLS, Listed by David Petersen, Westlake Associates, Inc.
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Data last updated 1:46 AM UTC, 5/29/23
Windermere Real Estate GH LLC
Adam Cobb
