9.4% cap rate! See mortgage flyer. Please see supplements for the OM that has everything you're looking for. Limited pictures of bedrooms to not disturb residents. We only took pictures of non-occupied rooms. Offers to be reviewed by a committee. Please keep this in mind with offer expiration dates. The home is for sale, not the business. The business is not for sale. The business features medicare/medicaid patients, the rent is essentially government funded. Should be looked at like a 20-year bond for an investor's opportunity cost. Property has redevelopment potential on the back end.
DAYS ON MARKET
|
122
|
LAST UPDATED
|
5/9/2024
|
TRACT
|
Downtown Burien
|
YEAR BUILT
|
2002
|
COMMUNITY
|
Downtown Burien
|
COUNTY
|
King
|
STATUS
|
Pending
|
PROPERTY TYPE(S)
|
Single Family
|
AREA |
130 - Burien/Normandy Park |
BUYER'S BROKERAGE COMPENSATION |
2.75 |
CONSTRUCTION |
Vinyl Siding |
HEAT |
Baseboard, Electric |
LOT |
9788 sq ft |
PARKING |
Driveway |
STORIES |
2 |
STYLE |
12 - 2 Story |
SUBDIVISION |
Downtown Burien |
UTILITIES |
Sewer Connected |
WATER |
Public |
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