8201 244th SW StreetEdmonds, WA98020
$4,350,000
28 total units
Capitilization Rate: 5.05
18048 sq. ft
0.45 acres
1245 days on market
TourVestorFilter™
Price per unit$155.4K/unit
Price per ft²$241.02/ft²
Price per acre$9.67M/ac
Time on market1245 days
Property Description
The Village Apartments is a 28 unit apartment located in Edmonds. This is a rare opportunity with significant upside. Market cap rate of 6.75%. Double pane windows, and a newer roof. Most unit have been turned in the past 5 years and the building has a heavy concentration of 1 bedrooms.
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Financial Data
Date Sold2021-08-13
Sold Price$4,350,000
Original Price$4,500,000
Current Price$4,350,000
Property Taxes$28,580
Find On Map
Home Facts
StatusClosed
Year Built1958
Exterior Features
MLS IDNWM1696333
