11209 Des Moines Memorial Drive
Burien,
Washington WA98168
Country Squire offers an investor a great location, large units, solid construction with many of the major systems upgraded. Recent improvements include new siding, updated electrical panels, updated plumbing, and new roof. Country Squire offers a unique opportunity for an investor make cosmetic improvements or perform a full renovation. In addition, the property has roughly 2,000 square feet of storage and high-ceiling above-grade space that may be converted to additional units (buyer to verify) or amenities for the residents. The property boasts, large units with gracious floorplans, (4 w/fireplaces) large windows & covered lanais. The long term tenant base is testament of this building’s quality, livability and convenient location.
Listing ID1931317
Price$7,500,000
StatusActive
SqFt
28,453
Acres
0.762
CountyKing
SubdivisionBoulevard Park
Year Built1966
Property TypeResidential Income
Property Sub TypeMulti-Family
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
Boulevard Park
Year Built
1966
Building Area Units
Square Feet
Flooring
Laminate, Vinyl Plank
Furnished
Unfurnished
Heating Cooling Type
Baseboard
Interior Features
Laminate Hardwood
Living Area Units
Square Feet
Stories Total
4
Elevation Units
Feet
Exterior Features
Brick, Wood Products
Lot Size Square Feet
33185
Lot Size Units
Square Feet
MLS Lot Size Source
King County Assessor
Number Of Units Total
31
Open Parking Spaces
53
Parking Total
53
Parking Uncovered Spaces
53
Roof
Flat
Sewer
Sewer Connected
Structure Type
Multi Family
Style Code
56 - 10+ Units
Units Below Grade
false
Units In Building Total
31
Utilities
Sewer Connected, Electricity Available
Water Sewer Garbage
50497
Building Area Total
28453
Country
US
High School District
Seattle
MLS Area Major
130 - Burien/Normandy
Waterfront
no
Zoning Class
Multi-Family
Zoning Jurisdiction
City
Amenities
Storage
Mls Status
Active
Offers
Seller intends to review offers upon receipt
Possible Use
Multi-Family
Power Production Type
Electric
Preliminary Title Ordered
yes
Show Map Link
yes
Cap Rate
4.02
Gross Adjusted Income
472032
Gross Rent Multiplier
15
Gross Scheduled Income
491700
Insurance Expense
10705
Leasable Area
28453
Leasable Area Units
Square Feet
Leased Items
None
Net Operating Income
301590
Other Expense
42600
Possession
Closing
Sale Type
MLS
Seller Disclosure
Not Provided
Special Listing Conditions
None
Tax Annual Amount
66640
Tax Year
2022
Total Expenses
170442
Total Monthly Income
40975
Vacancy Rate
4
11209 Des Moines Memorial Drive Burien, WA 98168
The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Saturday, May 28th, 2022 09:06:57 AM.
#IDX-detailsSplash,#IDX-primaryPhoto,#idx-details-headerActive
Active Listing courtesy of Westlake Associates, Inc.
Listing sold by
#IDX-listingMediaLinksActive
Active Listing courtesy of Westlake Associates, Inc.
Listing sold by
#IDX-detailsHeaderActive
Active Listing courtesy of Westlake Associates, Inc.
Listing sold by
