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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $27,328
Days Active 0
Lot Size 
Approx. Age 1983
MLS® Number 2434366

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

The Windchime is a 14-Unit Apartment Building ideally situated just 1.5 miles to the Shoreline South/148th St Light Rail Station. This prime asset offers a compelling, high value-add opportunity by increasing rents to market rates and continuing to renovate/upgrade units upon resident turnover. Instant equity and improve the existing 4.27% cap rate to 7.59% by adjusting to market rents and charging for parking, storage & utility bill backs. Thoughtful design and construction enhance the longevity of this enduring multifamily property. The Windchime is a stable, low-maintenance investment poised for both short and long term growth. Unit mix consists of 11 one-bedroom units and 3 two-bedroom units w/ majority of tenants residing 5+ years.Show Description
MLS® Number2434366
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2287
ExteriorCement/Concrete, Stucco, Wood, Wood Products
GarageNo
Approx. Age1983
Basement
Driveway
Garage Spaces
HeatBaseboard, Wall Unit(s)
A/CNone
Heating Fuel

Extras

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