

Listed by Colliers - Seattle, Washington
$1,815,000
Woodhaven Apartments
Details
APN 2500600356
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 7,074
Units 6
Cap Rate 6.36%
Occupancy 100%
Year Built 1988
Year Renovated 2024, 2025
Buildings 1
Stories 3
Acreage 0.410
Multifamily | 6 Units | $302,500/unit
Marketing description
Colliers & Palmero Partners are pleased to present the exclusive offering of Woodhaven Apartments, a 6-unit multifamily asset located in Des Moines, WA. Woodhaven Apartments offers investors an attractive, low risk, turn key multifamily investment with modern finishes, stable occupancy, and strong transit oriented upside. Fully renovated in 2024/2025, all six 3 bedroom / 1.5 bath units at 1,135 SF feature contemporary upgrades: vinyl plank flooring; new cabinets, counters, appliances, lighting, bath fixtures, LED lighting, in unit laundry, off-street parking, and are currently 100% occupied at near market rents ($2,481 vs market $2,550).
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Listed by Colliers - Seattle, Washington
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