Property Details

1017 SW 154th St

Burien, WA 98166

$1,925,000

Available

CBA# 702414 courtesy of CBA Listing firm: Paragon Real Estate Advisors

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Commercial

Property Type

9,250

Bldg Sq Ft

Units

3.00%

Cap Rate

1967

Year Built

Property Overview

We are pleased to exclusively offer for sale the Holly Lane Apartments; a 10-unit, value-add apartment community in a superb Burien location. Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large of