Villette Apartments (Status: Pending)
22415, 30th Ave, Des Moines, WA 98198
The Villette Apartments is the best turnkey deal on the market at a steady 5.8% cap rate. Two units just resigned leases with a rent increase. Property is 100% occupied and last appraisal came in significantly higher than list price.
Completely renovated 12-unit building – includes new flooring, cabinetry, carpet, windows, roof, laundry room, all new appliances, electrical panels, and parking lot.
Asset Class: Multi-Family
Year Built: 1961
Building Total Square Feet: 8100
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 18
Local Zoning Information: RM-1800
Listing Courtesy of: The Foundation Group
Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.
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