$2,200,000
815 S 219th ST Des Moines, WA 98198
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Listed by Paragon Real Estate Advisors
$2,200,000
Est. payment /mo
9,360 SqFt
Pending
815 S 219th ST Des Moines, WA 98198
UPDATED:
09/05/2024 08:49 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 9,360 sqft
Price per Sqft $235
Subdivision Des Moines
MLS Listing ID 2265765
Style 56 - 10+ Units
Year Built 1967
Annual Tax Amount $23,377
Lot Size 0.362 Acres
Property Description
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 provide abundant natural light with water views from the top floor units. The property will operate at a 6.07% Cap Rate once the rent increases take effect on November 1st, 2024 with additional rental upside. The location is great for commuters heading to Seattle or the Eastside as the property is located only a half mile from Highway 509 and is only a 2-mile drive to the Angle Lake Light Rail Station.
Location
State WA
County King
Area 120 - Des Moines/Redondo
Interior
Fireplace Yes
Exterior
Exterior Feature Stone, Wood
Waterfront No
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Highline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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