Pending

$9,995,000

0 Beds 0 Baths 44,374 SQFT 2.31 Acres

Type: Pending

6630 202nd Street SW
Lynnwood, WA 98036

MLS#: 2421419

Presented by: Lee & Associates Commercial RE; Daniel Lim; 206-773-2696;

Property Description

The Lee & Associates | Northwest Multifamily Team presents Viking Apartments, 7 buildings, 70-unit on 2.31 acres. Offering flats, townhomes, a duplex, and a SFR in 1-, 2-, & 3-bedroom layouts averaging 606 sq. ft. About half the units feature vinyl plank flooring, resurfaced tubs, and repainted cabinetry. Upgrades include a TPO roof (2024) and new shingles (2022) on several buildings. Wood-frame with brick, CMU, marblecrete, and wood siding, copper plumbing, electric baseboard heat, individual water heaters, and off-street parking. Zoned CDM with redevelopment potential. Near light rail, Edmonds College, Hwy 99, and Lynnwood Transit Center, benefiting from the area’s transformation into a regional hub fueling strong rental demand and upside

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringLaminate, See Remarks, Vinyl Plank

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesCoin Op Laundry, See Remarks, Thermal Windows

Building Area Units0 sqft

Cap Rate6.77

Carport Spaces0

Carport Y/NNo

CityLynnwood

CoolingNone

CountySnohomish

DirectionsHeaded north on 68th Ave W right on 202nd St SW. Property is on the right.

Electric Expense0

Energy EfficientThermal Windows

Fuel Expense0

HOANo

HOA Fee$0

HeatingBaseboard, Wall Furnace

High School DistrictSnohomish

Insurance Expense54245

Leasable Area44,374 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet100,624 sqft

Lot Size UnitsSquare Feet

MLS Area730 - Southwest Snohomish

NWM_ShowMapLinkY

Net Operating Income676261

New ConstructionNo

Number Of Units Total71

Open Parking Spaces102

PossessionClosing, Subject To Tenant Rights

Property Style56 - 10+ Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksThe Lee & Associates | Northwest Multifamily Team presents Viking Apartments, 7 buildings, 70-unit on 2.31 acres. Offering flats, townhomes, a duplex, and a SFR in 1-, 2-, & 3-bedroom layouts averaging 606

RoofComposition, Flat

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusPending

StatusPending Inspection

Structure TypeMulti Family

Subdivision NameLynnwood

Tax Annual Amount$116,934

Tax Year2025

Units Below Gradefalse

Units In Building Total70

Virtual TourClick here

Water Sewer Garbage114364

Year Built1962

Exterior

Building Area Total44,374 sqft

Covered Spaces0

Exterior AmenitiesBrick, Cement/Concrete, See Remarks

Irrigation Water Rights Y/NNo

Lot FeaturesPaved

Lot Size Acres2.31

Parking Uncovered Spaces102

Water SourceCommunity

Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A

Elementary School N/A

Middle School N/A

Similar Properties

$9,995,000

0 Beds 0 Baths 44,374 SQFT 2.31 Acres

Type: Pending

6630 202nd Street SW
Lynnwood, WA 98036

MLS#: 2421419

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Property

$9,995,000

6630 202nd Street SWLynnwood, WA 98036

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$9,995,000

6630 202nd Street SWLynnwood, WA 98036

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6630 202nd Street SW
Lynnwood, WA 98036

6630 202nd Street SW
Lynnwood, WA 98036