SOLD // OVERLOOK AT BURIEN
Overlook at Burien
Sold
PRICE:
$9,800,000
Property Overview
ADDRESS
13007 & 13025 12th Ave SW
Seattle, WA 98146
NET RENTABLE SF
±40,900
NEIGHBORHOOD
Burien
PARKING
Ample parking for residents
and guests
YEAR BUILT
1953/1966
ZONING
RM-24 & RS-12000
UNITS
44
SITE AREA
58,810 SF (1.35 aces)
Executive Highlights
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44-Units
43-unit apartment community with one-, two-, and three-bedroom units and a separate single-family home
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Value-Add Opportunity
Value-add opportunity: continue upgrading unit finishes and capturing rental upside
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Renovated Units
Renovated units have demonstrated clear renovation premiums
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Attractive Landscaping
Well-maintained physical plant: recently upgraded siding, paint, and landscaping
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Excellent Views
Sweeping views from most homes
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Ample Parking
Ample parking available for residents and guests