$1725000
Bed
Bath
7300 SqFt
11 DOM
Built: 1968
CEO & Founder
(650)533-3259This 11-unit building presents the opportunity to acquire an in-place 6.5% current cap rate with operational up-side to reach a 6.8% proforma cap rate. The Buyer will further have the opportunity to assume the existing loan with an approximate balance of $1,155,000 at a 5% interest rate fixed until January 2031. The Vashon Vue consists of four classic and four renovated 1-bedroom/1-bathroom units, each 620 square feet, along with two classic and one renovated 2-bedroom/1-bathroom units, each 780 square feet. The renovated units feature LVP flooring, formica countertops, stainless steel appliances, and a tasteful vanity package for the bathrooms.
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
NWM2372108
Multi Family
11 DOM
0.39 acres
7300
1968
King
Residential Incom
Multi Family
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
Kasamestates data last checked: Jun 16, 2025 19:50 | Listing last modified Jun 10, 2025 15:59,
Source:
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