For more information on this listing, please contact...
The Irwin Group
425-788-3414
Email
  • Listing #:
    • 1378076
  • Price:
    • $3,300,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • 5-Plex
  • # of Units:
    • 8
  • # of Acres:
    • 0.33
  • Lot Sq.Ft.:
    • 14,549
  • Year Built:
    • 1984
  • School Dist:
    • Lake Washington
  • Address:
    • 17121 NE 80th St
  • Community:
    • Redmond
  • City:
    • Redmond
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98052
  • Terms:
    • Cash Out
  • Right of 1st Refusal:
    • No
QR Code

Description
The Bear Creek Apartments Is An 8 ? Unit Apartment Building Located In The Highly Sought After And Walkable Redmond Neighborhood. The Property Has Undergone A Complete High-end Renovation To Both The Interior And Exterior Of The Building. With A Walkscore Of 84 And Modern Looking Units, The Bear Creek Apartments Cater Well To Tenants Who Work In The Strong Tech Employment Markets On The Eastside.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $2,200.00
    • Square Feet Unit 1:
      • - 1,144.00
    • Bedrooms Unit 1:
      • - 2
    • Bathrooms Unit 1:
      • - 1.50
    • Description Unit 1:
      • - 17121
  • Unit 2
    • Rent Unit 2:
      • - $2,200.00
    • Square Feet Unit 2:
      • - 1,144.00
    • Bedrooms Unit 2:
      • - 2
    • Bathrooms Unit 2:
      • - 1.50
    • Description Unit 2:
      • - 17123
  • Unit 3
    • Rent Unit 3:
      • - $2,300.00
    • Square Feet Unit 3:
      • - 1,144.00
    • Bedrooms Unit 3:
      • - 2
    • Bathrooms Unit 3:
      • - 1.50
    • Description Unit 3:
      • - 17125
  • Unit 4
    • Rent Unit 4:
      • - $2,275.00
    • Square Feet Unit 4:
      • - 1,144.00
    • Bedrooms Unit 4:
      • - 2
    • Bathrooms Unit 4:
      • - 1.50
    • Description Unit 4:
      • - 17127
  • Unit 5
    • Rent Unit 5:
      • - $1,450.00
    • Square Feet Unit 5:
      • - 708.00
    • Bedrooms Unit 5:
      • - 1
    • Bathrooms Unit 5:
      • - 1.00
    • Description Unit 5:
      • - 17129
  • Unit 6
    • Rent Unit 6:
      • - $1,450.00
    • Square Feet Unit 6:
      • - 708.00
    • Bedrooms Unit 6:
      • - 1
    • Bathrooms Unit 6:
      • - 1.00
    • Description Unit 6:
      • - 17131
  • Building Details
    • # Of Stories In Building:
      • - 3
    • Units Below Grade:
      • - No
    • Heating And Cooling:
      • - Baseboard
  • Misc Details
    • Form 17:
      • - Not Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $19,891.00
    • Tax Year:
      • - 2018
  • Finance Details
    • Gross Rent Multiplier:
      • - 18
    • Vacancy Rate:
      • - 4
    • Cap Rate - Noi Div Lp:
      • - 4.01
  • Income
    • Gross Adjusted Income:
      • - $175,104.00
    • Gross Scheduled Income:
      • - $182,400.00
    • Net Operating Income:
      • - $132,489.00
    • Total Monthly Income:
      • - $15,200.00
  • Expenses
    • Insurance Expenses:
      • - $7,438.00
    • Water / Sewer / Garbage:
      • - $7,086.00
    • Other Expenses:
      • - $4,240.00
    • Total Expenses:
      • - $42,615.00
    • Total Expenses:
      • - $42,615.00
  • Schools
    • Elementary:
      • - Wilder Elem
    • Jr. High:
      • - Redmond Middle
    • Sr. High:
      • - Redmond High
  • Construction Details
    • Exterior:
      • - Wood
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Composition
  • Lot Details
    • Dimensions:
      • - 14549
  • Parking
    • Total # Of Parking:
      • - 12
    • # Of Carport Spaces:
      • - 12
  • Utilities
    • Energy Source:
      • - Electric
    • Water Source:
      • - Community
  • Zoning
    • General Zoning Classification:
      • - Multi-family
    • Zoning Jurisdiction:
      • - City
Nearby Listings
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  • 0.00 Bathrooms
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  • 0 Bedrooms
  • 0.00 Bathrooms
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5.17 Mi.

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  • 0 Bedrooms
  • 0.00 Bathrooms
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For more information on this listing, please contact...
The Irwin Group
425-788-3414
Email

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