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7420-7428 208th St SW
Edmonds, WA 98026 Outlying Lynnwood-Snohomish

$7,500,000 USD

Apartments For Sale  •  24,897 SF

Property Details

  • Property Type Apartments
  • Total Building Size 24,897 SF
  • Lot Size 1.29 AC
  • Building Class C
  • Year Built 1960
  • Zoning RM-15, Edmonds
49 Transit Score
60 Walk Score

Highlights

Stabilized Opportunity: In-place 6.13% cap rate
Favorable Unit Mix: Three-quarters of units have two bedrooms
Additional Income Potential: 52% Utility reimbursement in-place

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Playground
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 9 min - 2.8 mi
AirportDriveWalkDistance
Seattle Paine Field International 17 min - 8.8 mi
Seattle-Tacoma International 44 min - 29.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Zac Mazzuca 206-826-5731 Marcus & Millichap
Zac Mazzuca 206-826-5731 Marcus & Millichap