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Everett, WA

192 Units

Built in 1990

Suburban Core

Investment Highlights

  • Desirable Silver Lake Location: Situated on the shores of Silver Lake within walking distance of 35-acre Thornton Sullivan Park, retail, dining, recreational, and transportation amenities.
  • Resort-Like Amenities: Community spaces newly renovated, including a spacious resident clubhouse with adjacent deck overlooking the lake, newly expanded fitness center, pool and spa, and much more.
  • Excellent Community Renovations: Artesia has undergone an extensive renovation within the last four years, both to the homes and the generous common areas, including new roofs.
  • Balanced Unit Mix with Large Homes: One-, two-, and three-bedroom homes averaging a spacious ±914 square feet featuring wood-burning fireplaces and private decks or patios with extra storage space with outdoor enthusiasts. Four cottage units located on site in a single-story building.
  • Easy Access to Major Employment Hubs: Within 20 minutes of downtown Seattle, downtown Bellevue, and the Eastside tech corridor. 7 minutes to Bothell's life science employment hub. Easy access to Interstate 5 and Interstate 405.
  • Strong Rental Demand: As residents continue to flock to the suburbs, Everett rents are forecasted to rise 8.8% in 2023 and 15.0% by 2025. Everett's population is expected to reach 116,920 while average household incomes expected to be $93,928 by 2027.

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