19618 -19628 68th Avenue W

Lynnwood, WA 98036

  • Bed

  • Bath

  • 22100 SqFt

  • 1 DOM

  • Built: 1962

  • Status: Active

$4,495,000

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19618 -19628 68th Avenue W

Lynnwood 98036

$4495000

  • Bed

  • Bath

  • 22100 SqFt

  • 1 DOM

  • Built: 1962

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

The Chrimar Apartments is a unique value add multifamily investment opportunity in the thriving Lynnwood market. This 31-unit property offers investors immediate operational upside with the opportunity to increase rents and reposition the asset. The building consists of 31 units made up of 4 one bedroom/one bath units, 25 two bedroom/two bath units, 1 three bedroom/1 bath unit and 1 three bedroom/one and a half bath townhouse unit. 5 of the units have recently been turned over and are in the process of lease up. The property features a large common laundry room for the tenant’s convenience. Additionally, there is a RUBS system currently in place for ownership reimbursement of utility costs.

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