815 S 219th Street
Des Moines, WA 98198
9360 sqft | 0.36 acres | #2265765
Description
Built in 1967, the Sunwest Apartments is a very well-maintained property that has undergone numerous updates including all new double pane vinyl windows, sliding glass doors, copper plumbing, and interior unit upgrades. The Sunwest Apartments consists of ten large two bedroom one bath units that are clean, spacious, and provide abundant natural light with water views from the top floor units. The property will operate at a 6.07% Cap Rate once the rent increases take effect on November 1st, 2024 with additional rental upside. The location is great for commuters heading to Seattle or the Eastside as the property is located only a half mile from Highway 509 and is only a 2-mile drive to the Angle Lake Light Rail Station.
Property Details
- Exterior MaterialsStone, Wood
- Stories1
Measurements
- Acres0.3616
- Square Feet9360
Construction Details
- Style56 - 10+ Units
- Property TypeMulti-Family
Condition
- Year Built1967
Utilities / Energy Details
- Sewer InformationSewer Connected
Community and Neighborhood Details
- SubdivisionDes Moines
Location
- School DistrictHighline
- CountyKing
Financial Details
- Original List Price$2,200,000
- Taxes Annual$23,377
- Days on Market (Cumulative)36
Other
- MLS #2265765
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Brian D. Platt (#NWM50748)
Listing Office: Paragon Real Estate Advisors (#NWM7086)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
