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5911 200th St SW
Lynnwood, WA 98036 Outlying Lynnwood-Snohomish

$2,100,000 USD

Apartments For Sale • 12,269 SF

Property Details

Property Type Apartments
Total Building Size 12,269 SF
Lot Size 0.3 AC
Building Class C
Year Built 1991
Cap Rate 4.71 %
Zoning RMM

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Five-unit multifamily property with condo-quality finishes and zero deferred maintenance.
                            
                                Oversized units with full amenities, including garages, in-unit laundry, and gas fireplaces.
                            
                                Located near Lynnwood City Center Station and major retail corridors.
                            
                                Current cap rate of 4.71% with projected market cap rate of 6.02%.
                            
                                Seller financing available with favorable terms and interest-only payments.

Property Flyers

OM - Lynnwood Apartment Homes

Cap Rate:

4.71 %

Amenities

Dishwasher
Disposal
Storage Space
Washer/Dryer
Bay Window
Ceiling Fans
Dining Room
Skylights
Large Bedrooms

Public Transportation

Commuter Rail	Drive	Walk	Distance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	10 min	-	4.0 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	15 min	-	7.9 mi
Seattle-Tacoma International	44 min	-	30.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Gabe Blake 206-618-2207 Blake Investment Advisors

5911 200th St SW Lynnwood, WA 98036 Outlying Lynnwood-Snohomish