This boutique 10 unit apartment checks all the boxes with its ideal location, mid-mod vibes, ample parking & strong cash flow. Fully stabilized with updated units, market rents & excellent professional management! Offered at a true 6.4% Cap Rate! A good unit mix of 2 beds, 1 beds, studios plus easy access to Northgate & Lake City Way attract solid commuter tenants. All units were remodeled to the studs with sleek new kitchens, baths, SS appliances, tile backsplash & pops of chic Hawaiian themed touches. Recent CapX includes new windows, 30 year TPO roof & updated plumbing throughout. Coin Op laundry provides additional income. In a world of bland & drab apartment buildings-be an Aloha House... don't miss this unique turnkey investment!
Sold
Zillow last checked:
Listing updated:
Bought with:
Kai Qin, 137652
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2206896
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2024 | Sold | $2,000,000-8.7%$345/sqft |
Source:  NWMLS as distributed by MLS GRID #2206896 Report a problem | ||
| 5/2/2024 | Pending sale | $2,190,000$378/sqft |
Source: NWMLS as distributed by MLS GRID #2206896 Report a problem | ||
| 4/9/2024 | Price change | $2,190,000-2.7%$378/sqft |
Source: NWMLS as distributed by MLS GRID #2206896 Report a problem | ||
| 3/7/2024 | Listed for sale | $2,250,000+80%$388/sqft |
Source: NWMLS as distributed by MLS GRID #2206896 Report a problem | ||
| 1/27/2017 | Sold | $1,250,000$216/sqft |
Source: NWMLS as distributed by MLS GRID #1052045 Report a problem | ||
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Estimated market value
$1,907,500
