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Multifamily

Seattle MSA Portfolio

Lynnwood, WA

283 Units

Built in 1998

Value Add

Investment Highlights

  • Value-Add Opportunity: Each community offers a straightforward value-add strategy with all units featuring original vintage finishes.
  • Compelling Investment Metrics: The collective portfolio offers attractive return metrics and future upside through implementing a value-add renovation business plan.
  • Long-Term Pride of Ownership: Each of the properties has been under the same current ownership and management team for 10 to 20 years. Well maintained assets with attention to detail.
  • Close Proximity to Major Employment Hubs: Central Snohomish and North King County locations are all within 10 to 30 minutes of downtown Seattle, downtown Bellevue, the Eastside Tech Corridor, and Bothell's life science employment hub.
  • Portfolio or Individual Asset Sales: Communities are all located within close proximity of one another and can be purchased together as a 283-unit portfolio offering economies of scale, or individually depending on an incoming investor's preference.

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