$3,000,000
Cascade View
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 681476
Property Type: Multi-Family
Status: Available
CBA ID#: 681476
Marketing Description:
Looking for a repositioning opportunity in Everett? Welcome to CASCADE VIEW at 113-115 W Casino Rd, Everett, WA 98204. Priced at $3,000,000, this value-add property features 13 two-bedroom units with surface parking and immediate access to major employers. Situated half a mile from the planned Evergreen Light Rail Station, set for service in 2037, this property offers rental premium potential up to $415 per unit after renovation. With in-place rents below market rate, there's an opportunity to capitalize on the area's growing demand and positive leasing trends. The professionally managed units boast open floor plans, ample storage, and in-unit washer/dryers. Just 3 miles from Boeing Everett Production Facility and with a favorable zoning of UR4, CASCADE VIEW presents an ideal investment opLand Features:
- Lot Size: 28314 SqFt
- Lot Acreage: 0.65 Acres
- Zoning: UR4
- Total Parking: 26
- Uncovered Parking: 26
Building Features:
- Building Size: 12200 SqFt
- Number of Floors: 3
- Cap Rate: 0.00%
- Year Built: 2001
This Listing Supplied Courtesy of Berkadia Real Estate Advisors
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.
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.
