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10335 Midvale Ave
Seattle, WA 98133

$1,525,000 USD

Apartments For Sale • 7,869 SF

Property Details

Property Type Apartments
Total Building Size 5,630 SF
Lot Size 0.11 AC
Building Class C
Year Built 1996
Cap Rate 4.95 %
Zoning LR3

65 Transit Score

83 Walk Score

                
                    Highlights
                
                                Built in 1996: modern systems and floorplans
                            
                                Immediate upside in rental income in current condition
                            
                                Easy to manage with low historic vacancy
                            
                                In-unit washer/dryers in all apartments
                            
                                8+ off-street parking stalls (8 open and 1 covered carport)
                            
                                Large units averaging 938 SqFt

Property Flyers

10335 Midvale Ave N-EPSRPI

Financial Summary (Actual)

Net Operating Income: $75,452 USD (2023)

Cap Rate:	4.95 %
Total Expenses:	$50,376 USD

Amenities

Air Conditioning
Wheelchair Accessible (Rooms)

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	14 min	-	8.6 mi
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	19 min	-	9.0 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	27 min	-	17.4 mi
Seattle-Tacoma International	33 min	-	21.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Ryan Iles 206-812-9119 Paragon Real Estate Advisors

10335 Midvale Ave Seattle, WA 98133