815 S 219 St
Des Moines WA 98198

Sunwest Apartments

815 S 219 St Des Moines WA 98198

Listing #: 684191 | Status: Pending | Last Modified: 9/12/2024 |

For Sale
Brian Platt
  • Phone:(206) 812-9130
  • Email:brianp@paragonrea.com
  • Office Name:Paragon Real Estate Advisors
  • Office Phone:(206) 623-8880
  • Office Website:
Michael Urquhart
Ben Douglas
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,200,000.0
  • $/SF$ 235.0
  • $/Unit$ 2,200,000.0
  • Listing StatusPending
  • Days on Market74
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income192,527
  • Vacancy Factor %5.00%
  • Operating Expenses58,994
  • Net Operating Income123,906
  • CAP Rate 6.07 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.07 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units10
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF9360
  • Net Rentable Area9360
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF15752
  • Acres0.36
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaDes Moines
  • Tax ID #0822049023
  • Additional Parcels
  • ZoningRM-2400
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces14
  • Total Parking Spots14
  • Parking Ratio
Construction
  • Year Built1967
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Sunwest Apartments

Public Comments

We are pleased to announce the exclusive listing of the Sunwest Apartments perched on top of the hill in Des Moines with views of Puget Sound. Situated next to the Des Moines Field House and Park, the building’s location provides the tenants with a tranquil setting in a quiet residential neighborhood. Tenants are only a short walk down the hill to the Des Moines Pier, Marina, and Waterfront corridor. The downtown core features many restaurants, bars, boutiques, and more! Built in 1967, the Sunwest Apartments is a very well-maintained property that has undergone numerous updates including all new double pane vinyl windows, sliding glass doors, copper plumbing, and interior unit upgrades. The Sunwest Apartments consists of ten large two bedroom one bath units that are clean, spacious, and

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