6.6%+ Proforma Cap Rate! Built in 1999, the Lake Burien Townhomes are located in the heart of Downtown Burien and offer tremendous income upside and value-add potential. The buildings offer a desirable mix of large two-bedroom and three-bedroom units that all have two-and-a-half bathrooms. All units are well-appointed and include a large private two-car garage, balconies, ample storage and walk-in closets, spacious and modern floorplans and kitchens with full appliance packages and breakfast bars. The buildings are situated on a single 15,000 square foot parcel with a central common driveway. Limited new supply and strong market demand for large, modern units make this a desirable place for tenants to live and a great investment.
Active
Listed by:
Ryan Iles,
Paragon Real Estate Advisors
$2,500,000
620 SW 155th Street, Burien, WA 98166
19beds
24baths
11,282sqft
Est.:
Multi Family
Built in 1999
-- sqft lot
$2,426,900 Zestimate®
$222/sqft
$-- HOA
What's special
Spacious and modern floorplansWalk-in closetsLarge private two-car garageCentral common drivewayTwo-and-a-half bathroomsBreakfast barsAmple storage
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