15530 Bothell Wy NE

    Lake Forest Park, WA 98155
    • $14,500,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 1436862
    UPDATED: 50 min ago
    $14,500,000
    • 0
      BEDS
    • 1.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Westlake Associates, Inc..

    Description

    Built in 1965, Sheridan Beach Terrace is a renovated 53 unit building w/ panoramic views of Lake Washington. Mix of studio, 1 bedroom, 2 bedroom and 3 bedroom units all with WD. 65% of units have a view / some with expansive decks and panoramic views of Lake Washington and the Cascades. Spacious community deck with furniture and hosting options. Current rents are 10%+ below market. Less than 10 minutes from the Downtown Bothell redevelopment and the University of Washington Bothell campus.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-20T14:15:39.66.

    www.kimberlygartlandgroup.com/homes/93522803

    15530 Bothell Wy NE Lake Forest Park, WA 98155

    • Price: $14,500,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 1436862
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.11
    Acres
    1965
    Built
    Neighborhood:
    Sheridan Beach
    County:
    King
    Area:
    Lake Forest Park
    School District:
    Shoreline
    Property Description
    Built in 1965, Sheridan Beach Terrace is a renovated 53 unit building w/ panoramic views of Lake Washington. Mix of studio, 1 bedroom, 2 bedroom and 3 bedroom units all with WD. 65% of units have a view / some with expansive decks and panoramic views of Lake Washington and the Cascades. Spacious community deck with furniture and hosting options. Current rents are 10%+ below market. Less than 10 minutes from the Downtown Bothell redevelopment and the University of Washington Bothell campus.
    Exterior Features

    Building Condition Very Good Carport Spaces 10 Exterior StoneStuccoWood Foundation Slab Garage Spaces 0 Roof Flat Stories In Building 6 Style 56 - 6-9 Units Total Parking Spaces 70 Uncovered Spaces 60 View LakeMountain

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Sq Ft 630 Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Sq Ft 910 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Sq Ft 630 Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Sq Ft 910 Unit5 Bathrooms 2.00 Unit5 Bedrooms 3 Unit5 Fireplaces 0 Unit5 Sq Ft 1600 Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Fireplaces 0 Unit6 Sq Ft 910 Units Below Grade N

    Property Features

    Amenities ElevatorThermal Windows Bank Owned No Cap Rate 5.01 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 1073641 Gross Rent Multiplier 13 Gross Scheduled Income 1130148 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 13835 Leased Items None Net Operating Income 726662 New Construction YN No Other Expenses 182851 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 150293 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 346979 Total Expenses TEX 346979 Total Monthly Income 94179 Unit1 Monthly Rent 1250 Unit2 Monthly Rent 1595 Unit3 Monthly Rent 1225 Unit4 Monthly Rent 1595 Unit5 Monthly Rent 2195 Unit6 Monthly Rent 1750 Vacancy Rate 56507 Water Sewer Garbage 51766 Zoning Jurisdiction County

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-04-20T14:15:39.66.

     
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    Listing Courtesy of Westlake Associates, Inc..