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12437 Tukwila International Blvd
Tukwila, WA 98168 Allentown

$1,995,000 USD

Apartments For Sale  •  7,100 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,100 SF
  • Lot Size 0.36 AC
  • Building Class B
  • Year Built 1946
  • Zoning CLI
40 Transit Score
40 Walk Score

Highlights

ATTRACTIVE YIELD: 5.57% in-place cap rate with achievable upside to 6.66%
POSITIVE LEVERAGE: Strong cash flow metrics from day one
ABUNDANT PARKING: Includes secured garages suitable for tenant parking or additional storage income
NATURALLY OCCURRING AFFORDABLE HOUSING: Supports long-term renter demand
VALUE-ADD POTENTIAL: Significant rental upside through operational and unit-level improvements
MAJOR CAPITAL IMPROVEMENTS: Plumbing and electrical has been updated, new garage doors, new railings, and all roofs under 10 years old

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 15 min - 9.2 mi
AirportDriveWalkDistance
Seattle-Tacoma International 10 min - 3.9 mi
Seattle Paine Field International 46 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Jacob Odegard 253-486-6725 Cushman & Wakefield
Jacob Odegard 253-486-6725 Cushman & Wakefield