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Pinnacle Townhomes

This is an opportunity for investors to purchase an exceptionally well-constructed 30 unit townhouse community with condominium quality finishes and design. The project was constructed in 2015. Built on a zero lot line, fee simple plats, the property consists of three separate layouts accommodating all desired tenant profiles. The eight buildings offer a diverse unit mix, ranging from 1,435 square foot two-bedrooms up to 1,638 square foot three-bedrooms with individually attached garages. Unit finishes include: granite counter tops, full-size GE stainless steel appliance packages, an in-unit washer and dryer, walk-in closets, spacious bedrooms with Jack and Jill bathrooms, nine-foot ceilings and an open floor plan optimal for entertaining.

Address

16503 6th Ave W
Lynnwood, WA 98037

Type

Multi-Family

Status

Sold

Price

$ 12,500,000

Cap Rate

3.69%

# of Units

30

Price per Unit

$ 416,666

Available SF

44,734 SF

Price Per SF

$ 279.42

Land Area

60,984 SF

Year Built

2015

Broker contact information