Pending
  • Listed by: 

    Michael Urquhart,

    Paragon Real Estate Advisors,

    Brian D. Platt,

    Paragon Real Estate Advisors

    $4,495,000

    19618 -19628 68th Avenue W, Lynnwood, WA 98036

    --beds
    --baths
    22,100sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $4,158,800 Zestimate®
    $203/sqft
    $-- HOA

    What's special

    Large common laundry room
    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.
    53 days
    on Zillow
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