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109 ALDER AVENUE

101, Alder Ave, Snohomish, WA 98290
$2,350,000

Description

109 ALDER AVENUE (Status: Pending)

101, Alder Ave, Snohomish, WA  98290

Foundation Group is pleased to exclusively bring to market 101 Alder St Apartments, situated in the heart of downtown Snohomish. This is the first time the 10 unit has been available for purchase, being built and held by the original developer since 1988. Current ownership hasmeticulously maintained the building exterior and grounds but has left most of the interior finishes original; making this a desirable value-add opportunity.These large units are a perfect canvas for significant value-add improvements. Notably, eight out of the ten units could be reconfigured to add a second three quarter bath within the current floor-plan. Seasoned investors will see upside in the storage spaces and the opportunity to bill-back tenants with the RUBS system as a significant value-add component.

Listing Details

Asset Class: Multi-Family
Year Built: 1988
Building Total Square Feet: 11328
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 15
Local Zoning Information:

CBA

Listing Courtesy of: The Foundation Group

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 101, Alder Ave, Snohomish, WA 98290
  • City: Snohomish
  • State/county: WA
  • Zip/Postal Code: 98290
  • Neighborhood: Not Assigned
  • Country: United States

Detail

Updated on July 7, 2022 at 2:57 am

  • Property ID: 651089
  • Price: $2,350,000.00/For Sale
  • Property Size: 11328 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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