Document Center
Investment
Contact
Privacy
Terms of Use
Back to Top
Mitchell Belcher
Managing Director
425.891.9594
mitchell.belcher@berkadia.com
Steven Chattin
Managing Director
425.269.3826
steven.chattin@berkadia.com
Jay Timpani
Managing Director
206.999.3206
jay.timpani@berkadia.com
INVESTMENT ADVISORS
Primary Contact:
Brandon Lawler
Senior Director
206.484.8114
brandon.lawler@berkadia.com
Our Team
View Listings
Document Center
Investment
Contact
Privacy
Terms of Use
Turnkey Asset with 18 Units Near Everett Waterfront
Address
City, State, Zip
Price
Units
Built / Reno
Total Size
Lot Size
Zoning
Parcel No.
County
2918 Nassau Street
Everett, WA 98201
$5,500,000
18
1968 / 2023
14,994 NRSF
0.28 acres
UR4
437167703000
Snohomish
Chad Blenz
Senior Director
206.491.2008
chad.blenz@berkadia.com
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
contact
Phone: 206.521.7220
Fax: 206.521.7222
Privacy | Terms of Use
The Opportunity
/ Beautifully maintained and 100% occupied multifamily community in downtown Everett with 18 studio, one, and two-bedroom apartments averaging 833 square feet; community amenities include storage and parking
/ Renovations completed in 2023 include upgrades to plumbing, electrical systems, roof, and siding; amenities include in-unit washer/dryer, luxury finishes, stainless steel appliances, and water views in select units
/ Prime location with a Walk Score of 90; one mile from Everett Station, Naval Station Everett, and the Port of Everett Marina; Providence Regional Medical Center a six-minute walk from the property
/ Opportunity to create two additional first-floor units with the potential to bring in over $40,000 of rental income annually
Privacy | Terms of Use
LINK 7
Map
Map
Property
The Opportunity
Contact
Document Center
MENU
Turnkey Asset with 18 Units
Near Everett Waterfront
Brandon Lawler
Senior Director
206.484.8114
brandon.lawler@berkadia.com
/ 64% of housing units within a one-mile radius of Nassau Heights are renter-occupied; Everett to see positive leasing trends continue into next year given multiple significant developments underway; city’s concentration of blue-collar workers makes it ideal for multifamily housing
Chad Blenz
Senior Director
206.491.2008
chad.blenz@berkadia.com
brandon lawler
Senior Director
206.484.8114
brandon.lawler@berkadia.com
Jay Timpani
Managing Director
206.999.3206
jay.timpani@berkadia.com
Steven Chattin
Managing Director
425.269.3826
steven.chattin@berkadia.com
Mitchell Belcher
Managing Director
425.891.9594
mitchell.belcher@berkadia.com
INVESTMENT ADVISORS
Our team
Back to Top
View Listings
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
contact
Phone: 206.521.7220
Fax: 206.521.7222
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
2918 Nassau Street
Everett, WA 98201
Units
18
built / Reno
1968 / 2023
total size
14,994 NRSF
Brandon Lawler | Senior Director
206.484.8114
brandon.lawler@berkadia.com
206.484.8114
brandon.lawler@berkadia.com
Location Map
Our Team
Document Center
The Opportunity
Location Map
Our Team
Document Center
View Opportunity
/ Beautifully maintained and 100% occupied multifamily community in downtown Everett with 18 studio, one, and two-bedroom apartments averaging 833 square feet; community amenities include storage and parking
/ Prime location with a Walk Score of 90; one mile from Everett Station, Naval Station Everett, and the Port of Everett Marina; Providence Regional Medical Center a six-minute walk from the property
/ Renovations completed in 2023 include upgrades to plumbing, electrical systems, roof, and siding; amenities include in-unit washer/dryer, luxury finishes, stainless steel appliances, and water views in select units
/ 64% of housing units within a one-mile radius of Nassau Heights are renter-occupied; Everett to see positive leasing trends continue into next year given multiple significant developments underway; city’s concentration of blue-collar workers makes it ideal for multifamily housing
/ Opportunity to create two additional first-floor units with the potential to bring in over $40,000 of rental income annually
Zoning
UR4
Visit the Document Center
Price
$5,500,000
Lot size
0.28 Acres