Chrimar Apartments
19618-19628 68th Ave W, Lynnwood, WA 98036
Property Type Multi-family
Price $4,495,000
Status Active
Property Highlights:
- 31 Units featuring 4 – 1bd/1bth units, 25 – 2bd/1bth units, 1 – 3bd/1bth unit and 1 – 3bd/1.5bth unit
- Easy to manage building with great cash flow on day one
- Operational Upside
- Current Cap Rate – 7.8%
- Market Cap Rate – 8.9% with a $10,000/unit budget for a heavy unit turn
- Price Per Unit - $145,000
Map single
