12210 12300 Ambaum BLVD SW #1-52 Active Save Request In-Person Tour Request Virtual Tour
Burien,WA 98146
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 33,592 sqft
Price per Sqft $309
Subdivision Burien
MLS Listing ID 2419486
Style 56 - 10+ Units
Bedrooms 6
Year Built 2014
Annual Tax Amount $120,782
Lot Size 1.150 Acres
Property Sub-Type Multi Family
Property Description
Ambaum Place I & II,luxury meets growth potential.In-place cap rate of 5.6%,Market Cap 6.3%-room to Increase your revenue,Constructed in 2014 & 2018.52 units,6 floor plans,20 studios, 11 one-bedroom/one-bath units, 18 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units,double- or triple-pane windows, LED Lighting,in-unit laundry,private balconies or patios in Ambaum Place II,62 parking spaces. Both buildings must be purchased together, yet they offer the flexibility of separate financing options,Controlled Access,Fitness Center & play ground,picnic area, plus 2-500-SF office spaces.10 minutes from the Sea-Tac airport,minutes to 509,I5,90,and 405,connected to link light rail and sounder commuter rail,20 minutes to seattle.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Flooring Hardwood,Laminate,Carpet
Exterior
Exterior Feature Wood
Amenities Available Cable TV,Deck,Patio,Sprinkler System
View Y/N Yes
View City,Territorial
Roof Type Composition
Building
Lot Description Curbs,Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Highline
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional
Virtual Tour https://vimeo.com/1098072119