
Seller's Agent in 2021
Ross Hubbard
The Paragon Group
(425) 443-3192
54 Total Sales
Adjacent to Penny Playground, The Penny Apartments features 16 units - 8 two bed/1 bath Garden Style and 8 2 bed/1.5 bath Townhome style units. The units are all turn-key, renovated to market standards, and professionally managed by local PM, TJ Guyer. Storage units on site for additional income potential, coin operated laundry and RUBS already in place providing the additional monthly income on top of base rents. Huge market demand for quality rental units and growing rental rates. Current rents $100/month below Pro Forma. Very low maintenance with modern electrical and plumbing. Well maintained and professionally operated. Zero delinquency with perfect collections history and ultra low vacancy sub 5%. Upside in rents and storage income.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1767735
Home Type
Est. Annual Taxes
Year Built
Lot Details
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Parking
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Community Details
Listing and Financial Details
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2021 07/30/21 | Sold | $2,150,000 | +7.6% | $194 / Sq Ft |
05/15/2021 05/15/21 | Pending | -- | -- | -- |
05/03/2021 05/03/21 | For Sale | $1,999,000 | -- | $181 / Sq Ft |
Seller's Agent in 2021
Ross Hubbard
The Paragon Group
(425) 443-3192
54 Total Sales
Seller Co-Listing Agent in 2021
Keaton Santi
The Paragon Group
(425) 943-0963
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1767735