627 Avenue A
Snohomish, WA 98290
$17,900,000
- Est. $90,047/mo
- Calculate
- 63,485 Sq. Ft.
- 1991 Year Built
- 1.44 Acres
Property Highlights
- Waterfront Type:
- No Bank
- Neighborhood:
- Snohomish County
- Acreage:
- 1.44 acres
Listing Courtesy of Northwest MLS / The Foundation Group LLC and The Foundation Group LLC
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Property Description
Swifty Creek Apartments - value-add 70 unit complex on three parcels. Unique offering with spacious unit layouts, tidy grounds, on-site office for management, central location near Highway 2 and territorial views of the Cascade Mountain Range. The offering includes a significant value-add component which comes from renovating units, implementing a utility bill-back system, adding washers and dryers to the remaining one-bedroom units, and modifying the two-bedroom one ¼ baths to two-bathrooms. Current cap rate is 4.66% and trending to 6%+.
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Property Details
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- MLS ID:
- 1920597
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- Area:
- Northeast Snohomish?
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- Community:
- Snohomish
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- County:
- Snohomish County
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- Elementary School:
- Buyer To Verify
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- Flooring:
- Laminate, Carpet
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- High School:
- Snohomish High
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- Junior High School:
- Buyer To Verify
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- Lot Size:
- 62595
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- Lot Size Sq. Ft.:
- 62,595
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- Lot Style:
- Adjacent to Public Land
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- Property Subtype:
- Multi-Family
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- Property Type:
- Residential Income
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- Status:
- Sold
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- Year Built:
- 1991
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Additional Highlights
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- Exterior:
- See Remarks
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- Furnished:
- Unfurnished
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- Parking:
- 139
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- Roofing:
- Composition
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- Total Number of Units:
- 6
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- View:
- See Remarks
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- Water Source:
- Community
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Taxes and Fees
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- Taxes (Est):
- $83,482
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- Taxes (Year):
- 2022
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627 Avenue A, Snohomish Washington, 98290 United StatesDisclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.