Bought with: The Foundation Group LLC
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Key Details
Sold Price $1,815,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,792 sqft
Price per Sqft $141
Subdivision South Auburn
MLS Listing ID 2524212
Sold Date 07/09/26
Style 56 - 10+ Units
Bedrooms 24
Year Built 1985
Annual Tax Amount $28,747
Lot Size 0.608 Acres
Property Sub-Type Multi Family
Property Description
Auburn Oaks Apartments - 12-unit value-add apartment complex. With 10 / 12 units currently vacant, the property offers an ideal opportunity for immediate renovation and repositioning without the typical challenge of tenant displacement. Built in 1985, the property features functional 2 Bed / 1.5 Bath (1,066SqFt) layouts with in-unit W/D, covered parking, fireplaces, balconies/patios, and floor plans well suited for modernization. A buyer may find the opportunity to improve the bathroom mix and open up kitchen/living areas, buyer to verify. Current rents shown are proforma based on projected post-renovation performance.
Location
State WA
County King
Area 310 - Auburn
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Amenities Available Deck, Fenced-Partially
View Y/N Yes
View Territorial
Roof Type Tile
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Gildo Rey Elem
Middle Schools Mt Baker Mid
High Schools Auburn Riverside Hig
School District Auburn
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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