The Arches Apartments
Westlake Associates Inc. is pleased to present The Arches Apartments for sale, for the first time in 56 years. The property is located in the Rainier Valley Brighton neighborhood. Originally built in 1967, the property has been well- maintained and upgraded with major capital improvements to the roof, siding, and plumbing. The 25 units are a balanced mix of (10) 3 bed / 1.5 baths, (5) 2 bed / 1 bath, and (10) 1 bed / 1 bath units. Off-street parking is plentiful with 25 stalls, three of which are tandem. The property laundry is serviced by common coin-op machines. All units have dishwashers and have been sub-metered for water usage. The Arches Apartments offers an investor a quality asset with stable operations, cash-flow from day one, and the potential for future upside in rents.