$3260000
Bed
Bath
10284 SqFt
1 DOM
Built: 1983
CEO & Founder
(650)533-3259The Windchime is a 14-Unit Apartment Building ideally situated just 1.5 miles to the Shoreline South/148th St Light Rail Station. This prime asset offers a compelling, high value-add opportunity by increasing rents to market rates and continuing to renovate/upgrade units upon resident turnover. Instant equity and improve the existing 4.27% cap rate to 7.59% by adjusting to market rents and charging for parking, storage & utility bill backs. Thoughtful design and construction enhance the longevity of this enduring multifamily property. The Windchime is a stable, low-maintenance investment poised for both short and long term growth. Unit mix consists of 11 one-bedroom units and 3 two-bedroom units w/ majority of tenants residing 5+ years.
Listing Provided Courtesy of Chris Melton, The Preview Group
NWM2434366
Multi Family
1 DOM
9962.17 SqFt
10284
1983
King
Residential Incom
Multi Family
Listing Provided Courtesy of Chris Melton, The Preview Group
Kasamestates data last checked: Sep 19, 2025 05:57 | Listing last modified Sep 18, 2025 23:43,
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