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Listing Provided by Real Property Associates  
$4,000,000
17160 Avondale Way NE, Redmond, WA 98052
19 Beds
11 Baths
7,784 sqft

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Listing Provided by Real Property Associates  
The Cascadia Apartments are an updated and incredibly well located 11 unit apartment building across from Bear Creek Village and steps to Redmond Town Center and downtown Redmond. Three 1 bedroom/1 bath units; Eight 2 bedroom/1 bath units, with abundant parking. Apartments are on a BC zoned 17,424' lot and this sale includes a second 21,607' tax parcel zoned R5, which allow for overflow parking or future development. Unique opportunity for this size of an investment in this phenomenal location!
  • Price:
  • $4,000,000
  • Bedrooms:
  • 19
  • Square Footage:
  • 7,784
  • Acreage:
  • 0.90
  • Year Built:
  • 1968
  • Listing ID #:
  • NWM1829784
  • Street Address:
  • 17160 Avondale Way NE
  • City:
  • Redmond
  • State:
  • Washington
  • Postal Code:
  • 98052
  • County:
  • King
  • Community:
  • 550 - Redmond/Carnatio
  • Subdivision:
  • Downtown Redmond
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Approximate Square Footage Range:
  • 7784
  • Building Condition:
  • Good
  • Exterior Description:
  • Wood
  • Flooring:
  • Laminate, Carpet
  • Foundation:
  • Poured Concrete
  • Furnished:
  • Unfurnished
  • Leasable Square Feet:
  • 7784
  • Number Of Units:
  • 11
  • Stories:
  • 2
  • Structure:
  • Multi Family
  • Style:
  • 56 - 10+ Units
  • Total Building Square Footage:
  • 7784
  • Type Of Roof:
  • Flat
  • Year Built:
  • 1968
  • Annual Electric Expenses:
  • 1188
  • Annual Insurance Expenses:
  • 3092
  • Net Operating Income:
  • 105753
  • Lot Features:
  • Curbs, Paved, Sidewalk
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 39031
  • Suitable Use:
  • Business, Commercial, Multi-Family, Retail, See Remarks
  • On Market Date:
  • 2021-08-24
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out, Conventional
  • Subdivision:
  • Downtown Redmond
  • Property Taxes:
  • $26,621
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 20
  • Uncovered Parking Spaces:
  • 20
  • Existing Water:
  • Public
  • Sewage Type:
  • Sewer Connected
  • Utilities:
  • Sewer Connected, Electricity Available
  • Unit 1 Monthly Rent:
  • 1395
  • Unit 1 Name:
  • 1
  • Unit 1 Square Footage:
  • 715
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 2
  • Unit 10 Monthly Rent:
  • 1495
  • Unit 10 Name:
  • 10
  • Unit 10 Square Footage:
  • 715
  • Unit 10 Total Bathrooms:
  • 1
  • Unit 10 Total Bedrooms:
  • 2
  • Unit 11 Monthly Rent:
  • 1495
  • Unit 11 Name:
  • 11
  • Unit 11 Square Footage:
  • 715
  • Unit 11 Total Bathrooms:
  • 1
  • Unit 11 Total Bedrooms:
  • 2
  • Unit 2 Monthly Rent:
  • 1495
  • Unit 2 Name:
  • 2
  • Unit 2 Square Footage:
  • 715
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 2
  • Unit 3 Monthly Rent:
  • 1595
  • Unit 3 Name:
  • 3
  • Unit 3 Square Footage:
  • 715
  • Unit 3 Total Bathrooms:
  • 1
  • Unit 3 Total Bedrooms:
  • 2
  • Unit 4 Monthly Rent:
  • 1450
  • Unit 4 Name:
  • 4
  • Unit 4 Square Footage:
  • 715
  • Unit 4 Total Bathrooms:
  • 1
  • Unit 4 Total Bedrooms:
  • 2
  • Unit 5 Monthly Rent:
  • 1295
  • Unit 5 Name:
  • 5
  • Unit 5 Square Footage:
  • 715
  • Unit 5 Total Bathrooms:
  • 1
  • Unit 5 Total Bedrooms:
  • 2
  • Unit 6 Monthly Rent:
  • 1450
  • Unit 6 Name:
  • 6
  • Unit 6 Square Footage:
  • 715
  • Unit 6 Total Bathrooms:
  • 1
  • Unit 6 Total Bedrooms:
  • 2
  • Unit 7 Monthly Rent:
  • 1295
  • Unit 7 Name:
  • 7
  • Unit 7 Square Footage:
  • 675
  • Unit 7 Total Bathrooms:
  • 1
  • Unit 7 Total Bedrooms:
  • 1
  • Unit 8 Monthly Rent:
  • 1195
  • Unit 8 Name:
  • 8
  • Unit 8 Square Footage:
  • 675
  • Unit 8 Total Bathrooms:
  • 1
  • Unit 8 Total Bedrooms:
  • 1
  • Unit 9 Monthly Rent:
  • 1295
  • Unit 9 Name:
  • 9
  • Unit 9 Square Footage:
  • 675
  • Unit 9 Total Bathrooms:
  • 1
  • Unit 9 Total Bedrooms:
  • 1
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Real Property Associates
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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