8715 - 8721 175th Ave NE
Redmond WA 98052

8 Plex

8715 - 8721 175th Ave NE Redmond WA 98052

Listing #: 687115 | Status: Available | Last Modified: 11/6/2024 |

For Sale
Talor Okada
  • Phone:(425) 492-5145
  • Email:talor.okada@colliers.com
  • Office Name:Colliers International WA, LLC
  • Office Phone:(425) 453-4545
  • Office Website:
Richie Sander
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,500,000.0
  • $/SF$ 426.0
  • $/Unit$ 3,500,000.0
  • Listing StatusAvailable
  • Days on Market55
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income110,053
  • Vacancy Factor %5.00%
  • Operating Expenses34,504
  • Net Operating Income70,046
  • CAP Rate 0.00 %
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 0.00 %
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors2
  • # of Units8
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF10166
  • Net Rentable Area8216
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF29126
  • Acres0.67
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaRedmond
  • Tax ID #7200002097
  • Additional Parcels7200002098
  • ZoningR-12
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces8
  • Total Parking Spots8
  • Parking Ratio
Construction
  • Year Built1981
  • Year Renovated1987
  • Completion Date
  • Roof Type
  • Construction Type

Two Redmond 4-Plexes - For Sale (buildings can be

Public Comments

· Buildings can be sold separately ($1,750,000 each). · Each unit includes in-unit laundry, storage room on the ground floor, and one covered parking stall in addition to surplus on-site parking · Average unit size: +/- 1,027 SF · Zoning: R-12 (City of Redmond) · Centrally located in Redmond with excellent access to SR-520, major employers, and retail amenities