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Burien Sky Apartments
15801 4th Ave S Burien WA 98148
Listing #: 682132 | Status: Available | Last Modified: 10/31/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 239,731 |
| Vacancy Factor % | 4.00% |
| Operating Expenses | 98,933 |
| Net Operating Income | 131,208 |
| CAP Rate | 4.86 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 15 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 4.855 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 15 |
| Total Building SF | 14,255 SF |
| Net Rentable Area | 14,255 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 19,602 SF |
| Acres | 0.45 |
| Year Built | 1967 |
| Roof Type | Pitched |
| Construction Type | Framed, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Market Area | Sea Tac |
| Tax ID # | 2023049524 |
| Zoning | RM-24 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 18 |
| Total Parking Spots | 18 |
Burien Sky Apartments
Paragon Real Estate Advisors is pleased to exclusively offer for sale the Burien Sky Apartments; a 15-unit, value-add apartment community located in the heart of Burien. Built in 1967, the Burien Sky Apartments sit on a 19,800 sqft lot surrounded by trees and greenery, offering a peaceful setting just minutes from downtown Burien. The units are large and offer a unique mix with 2 – 2Bd/2Bth units (1,500sqft), 6 – 1Bd flats and 7 – 1Bd “townhouse” style units with two levels of living space. Four of the units have been tastefully updated and feature in-unit washer/dryers. Upper-level units enjoy territorial views to the west. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies. The property has been well cared for with littl
Burien Sky Apartments
15801 4th Ave S Burien WA 98148
Listing #: 682132 | Status: Available | Listing Date: 5/14/2024 | Last Modified: 10/31/2024 | Email Listing
For Sale
Burien Sky Apartments
