Island Lanai (Status: Pending)

2820, 75th Ave, Mercer Island, WA  98040

Island Lanai Apartments features nine 2-bed units, including one penthouse suite. Built in 1959, this well-maintained building has received updates to systems and units. The building features off street parking for 11 vehicles, storage lockers for each unit and a common laundry are provided on-site. This building has enjoyed very stable occupancy and even more so now with increased demand for two-bedroom units. Within Mercer Island’s Town Center, the property is blocks from both retail and I-90 access ramps. Residents enjoy walkability to amenities and connectivity to both Seattle & Bellevue employers. Island Lanai presents investors a rare opportunity to own a stabile a pride of ownership asset in the coveted 98040.

Listing Details

Asset Class: Multi-Family
Year Built: 1959
Building Total Square Feet: 11215
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: MF-2

CBA

Listing Courtesy of: Lee & Associates Commercial Real Estate Services

Disclaimer: The information contained in this listing has not been verified by North Sound Commercial, a division of Pacific Continental Realty, LLC and should be verified by the buyer, seller, or tenant.

Location

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