We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, LVP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.
Active
Listed by:
Steven Fischer,
Northmarq Multifamily, LLC
$1,065,000
3802 D Place SE, Auburn, WA 98002
8beds
4baths
--sqft
Est.:
Quadruplex
Built in 1981
-- sqft lot
$918,400 Zestimate®
$--/sqft
$-- HOA
What's special
Corner lotPrivate patio or balconyInterior renovationsSs appliancesLvp flooring
- 11 hours |
- 55 |
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