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22805 30th Ave S
Des Moines, WA 98198

$1,995,000 USD

Apartments For Sale  •  10,297 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,300 SF
  • Lot Size 0.39 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 5.84 %
  • Zoning RM1.8, Des Moines
0 Transit Score
69 Walk Score

Highlights

4 out of 11 units renovated
Conveniently located for commuters
Value-add opportunity
13 off-street parking spaces
Common laundry

Property Flyers

Financial Summary (Actual)

Net Operating Income: $1,164,980 USD (2023)
Cap Rate: 5.84 %

Amenities

  • 24 Hour Access
  • Balcony
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Freezer
  • Vinyl Flooring
  • Individual Leases Available
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Kent Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 9 min - 4.6 mi
Tukwila Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 12 min - 6.6 mi
AirportDriveWalkDistance
Seattle-Tacoma International 12 min - 4.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Brian Platt 206-251-8483 Paragon Real Estate Advisors
Brian Platt 206-251-8483 Paragon Real Estate Advisors