$16,000,000
Timberlawn Apartments
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 678513
15850 NE 40th St
Redmond, WA 98052

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Commercial Property

Marketing Description:

We are delighted to present an exclusive opportunity to acquire Timberlawn Apartment Homes—an exceptionally rare, value-add apartment investment located in Redmond, WA. Adjacent to the Microsoft world headquarters, Timberlawn has functioned as corporate housing since its last acquisition in 1986. The community is strategically positioned in Redmond, situated across the street from the north entrance of the Microsoft campus, which is home to over 53,000 employees. The new Sound Transit "Redmond Technology" station is less than a quarter mile to the west and is scheduled to open in early 2024. The main retail centers, Bel Red and Downtown Redmond, are just a short drive or one light rail stop away.Currently, 31 out of 40 units are furnished and operated as executive suites, frequently ca

Land Features:

  • Lot Size: 97399 SqFt
  • Lot Acreage: 2.24 Acres
  • Zoning: R-30

Building Features:

  • Building Size: 44808 SqFt
  • Number of Floors: 2
  • Cap Rate: 0.00%
  • Construction: Framed
  • Year Built: 1987
This Listing Supplied Courtesy of Cushman & Wakefield
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity