Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and entertainment are all just blocks away. This well maintained building got a new roof in 2022 and is a smart investment with room to improve cash flow and equity. On site laundry, ample private parking, and private entry make this a property you can be proud to add to your portfolio. Assumable financing may be available for qualified buyers.

Constructed in 1960 in the Victory Heights neighborhood, the Kimberly Apartments are a solid build with excellent access to light rail and public transit, Northgate shopping complex, University Village, and easy access to the many employers in Seattle and the east side. With six 2 bed/1 bath units and one 1 bed/1 bath unit, this building offers options for many types of occupants. Each unit has a private exterior entry and all units share use of onsite laundry. Reserved onsite parking. The building has been well maintained and has a strong occupancy record, while still offering upside and avenues with which to add value and increase monthly income. Assumable financing may be available to qualified buyers. Inquire with agent.

Sited just off 509 at the edge of SeaTac International Airport sits 648 S 152nd Street in Burien, a mixed use apartment building with six studio residential units and one large ground floor office space, perfect for a law office or other entity. With a simple commute in any direction and proximity to light rail, this building has proven itself to be a solid investment whether adding to a robust portfolio or a perfect place to start your multi-family investment journey. New roof in 2023 and new shared common laundry in 2018, this building is ready for its new owner, while offering upside potential. 9 parking spaces and large lot make this an interesting investment for a savvy buyer.