Redmond 12

Multi-Family

9110 Redmond Woodinville Rd NE, RedmondWA 98052

Property Details

Location

Address
9110 Redmond Woodinville Rd NE, RedmondWA 98052
County
King
Submarket
CBA Redmond
Parcels
0225059114

Building Size

Building Size
10,800 SF
Residential Space
8,840 SF
Rentable Space
8,840 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
12
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
3
Year Built
1978
Sprinklers
No
Primary Const.
Framed
Parking (Covered Parking, Uncovered Parking)
12, 7
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
0.47 Acres
Land (SF)
20,473 SF
Rail Service
No
Zoning
R30
Lot Depth
Lot Width

Contacts

Current Listings

Property for Sale

$5,290,000
Cap Rate: 3.92%

12 units, Downtown Redmond, Turnkey, Over 1 million spent on renovations, 3.9% Cap Rate, Valley views, 19 parking spaces, interior laundry, Highly coveted Eastside with development potential of up to 6 two-bed units (buyer to verify).Kitchens w/ quartz countertops, stainless appliances, dining rooms. Investors profit from future appreciation of a rapidly growing area. Opportunity to sell individual units as condos. Professional tenant base, highest paid jobs in the region. Google, Amazon, Facebook, Microsoft. Light rail coming in 2024. Tax iD #: 0225059114

12 units, Downtown Redmond, Turnkey, Over 1 million spent on renovations, 3.9% Cap Rate, Valley views, 19 parking spaces, interior laundry, Highly coveted Eastside with development potential of up to 6 two-bed units (buyer to verify).Kitchens w/ quartz countertops, stainless appliances, dining rooms. Investors profit from future appreciation of a rapidly growing area. Opportunity to sell individual units as condos. Professional tenant base, highest paid jobs in the region. Google, Amazon, Facebook, Microsoft. Light rail coming in 2024. Tax iD #: 0225059114

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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