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6300 GLENWOOD AVE
EVERETT, WA 98203-4247
Asking Price
$5.50M
Asset Type
Residential Industrial
Class
Class B
What's Special
Former industrial facility primed for redevelopment or adaptive re-use <p><span style="color: rgba(54, 73, 95, 1)">We are pleased to present this 7-acre land opportunity or adaptive re-use possibility in Everett. The site is well positioned for mixed use or residential redevelopment with no maximum density and height allowed up to 7 stories, offering views of the Puget Sound from upper floors. The property offers great proximity to employment and transit and boasts strong demographics for townhomes or a mixed-use project. The existing facility on a portion of the s
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NOI
$80,000
Cap Rate
1.45%
DSCR
0.24
Underwater
Cash-on-Cash
-14.94%
Monthly Payment
$27,210.999
Annual Cash Flow
$-246,531.989