SOLD // THE OLIVE BRANCH

The Olive Branch

Sold

PRICE:

ADDRESS

427 SW 154th Street,
Burien, WA 98166

NET RENTABLE SF

Residential: ± 4,832

NEIGHBORHOOD

Downtown

PARKING

7 Covered Spaces

YEAR BUILT

1976

ZONING

RM-24

UNITS

6

SITE AREA

7,500 SF (0.17 aces)

Executive Highlights

Value Add Opportunity

Will be available to capture significant rental upside through renovations
Two-Bedroom Heavy

5 two-bedrooms with average
of 850 square feet
Attractive Going in Cap

Attractive going in cap rate with ability to stabilize at 6.5% after renovations
Near Burien’s Restaurant Row

96-walk score in the heart of Burien. Block from downtown Burien restaurants, shopping, grocers, and night life.
Short Drive To Downtown Seattle

20-minute drive to Downtown Seattle
Spacious Units

Units averaging 805 square feet
Ample Parking For Residents

Spot for each tenant and one guest spot
Immediate Access to Public Transit

Close Proximity to Burien Transit Center and Link Light Rail