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Listed by:Kidder Mathews • Max Frame
$ 8,000,000
Est. payment /mo
New
10790 16th AVE SW Seattle, WA 98146
4 Beds
3 Baths
27,890 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 27,890 sqft
Price per Sqft $286
Subdivision White Center
MLS Listing ID 2584938
Style 56 - 10+ Units
Bedrooms 4
Year Built 2009
Annual Tax Amount $101,950
Lot Size 0.865 Acres
Lot Dimensions 37700
Property Sub-Type Multi Family
Property Description
Centerwood presents an exceptional opportunity to acquire a 36-unit multifamily community built in 2009, located in White Center within unincorporated King County. The property consists of three well-maintained buildings totaling approximately 27,890 rentable square feet, featuring an attractive all two-bedroom unit mix with 35 two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Each residence includes an in-unit washer and dryer, while the community offers 61 parking stalls. Quality construction features include fire sprinklers, copper supply lines, double-pane windows, and individual hot water tanks. Conveniently located near downtown White Center, Westwood Village, public transportation, and major employment centers. Centerwood offers investors a compelling opportunity with a 5.83% in-place cap rate and potential upside through operational improvements and light cosmetic renovations. Offered at $8,000,000.
Location
State WA
County King
Area 140 - West Seattle
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N Yes
View City
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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