$1,995,000
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22805 30th Avenue S Des Moines, WA 98198
Multi-Family
Residence
Beds
Baths
7,300
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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This 11-unit building presents the opportunity to acquire an in-place 5.8% current cap rate with operational up-side to reach a 6.7% market cap rate. The Buyer will further have the opportunity to assume the existing loan with an approximate balance of $1,170,000 at a 5% interest rate fixed until Ja...nuary 2031. The Vashon Vue consists of four classic and four renovated 1-bedroom/1-bathroom units, each 620 square feet, along with three 2-bedroom/1-bathroom units, each 780 square feet. The renovated units feature LVP flooring, formica countertops, stainless steel appliances, and a tasteful vanity package for the bathrooms.
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MLS#
2289656
Property Type
Multi-Family
Status
Year Built
1968
Square Feet
7,300
sq. ft
Sewer
Sewer Connected
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