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Town & Country Apartments

Ideally located just minutes from the downtown core of Bellevue, these apartments are a mix of 1, 2, and 3-bedroom units spread accross a large 40,000 sf lot. The Town & Country is a rare opportunity to own a unique asset with strong cash flow in a rapidly growing market. There have been recent updates to the roof, balconies, signage, landscaping, and remodeling of 6-units, totaling close to $500,000 of improvements over the last year. The property features a private, full-size dog park, individual yards for many units, and ample parking. With Bellevue Square and all major Bellevue employers situated less than a mile away, this is one of the most unique and attractive properties for tenants working across all sectors of downtown Bellevue.

Address

545 Bellevue Way SE
Bellevue, WA 98004

Type

Multi-Family

Status

Sold

Price

$ 8,000,000

Cap Rate

3.02%

# of Units

23

Price per Unit

$347,826

Available SF

17,388 SF

Price Per SF

$ 460.08

Land Area

40,074 SF

Year Built

1959

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