2918 Nassau St. Everett, WA 98201 – Bay Vista Apartments

2918, Nassau St., Everett, WA  98201

For Sale

For Sale / Multi Family

Bay Vista Apartments (Status: Pending) 3400000

2918, Nassau St., Everett, WA  98201

On the market for the first time in over 40 years, Bay Vista Apartments offers local investors a chance to acquire a strong value-add property in a well-located growth area in Everett, WA. Near the waterfront, Bay Vista offers tenants a mix of one and two bedroom apartment homes, as well as one studio apartment. The building has common coin-op laundry facilities on three floors, with elevator and stair access to units on all four floors. Each unit offers spacious living arrangements, decks, and views of the Puget Sound: The average one bedroom is roughly 670SF, the average two-bedroom averages 1,035SF. Current rents are substantially below market rents in the area, allowing an investor the opportunity to increase the GEI through full unit renovations by upwards of $140,000 annually.

Listing Details

Asset Class: Multi-Family
Year Built: 1968
Building Total Square Feet: 20415
Available Lease Space Square Feet:
Number of Floors: 4
Total Parking Spaces: 0
Local Zoning Information: R4


Listing Courtesy of: Lee & Associates Commercial Real Estate Services

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.

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