716 3rd Street

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716 3rd Street

Mukilteo, WA 98275
Asking Price
$4.10M
Cap Rate
4.45%
Asset Type
Apartment Building Retail
Class
Class B

What's Special

Rare Mixed-Use Investment Opportunity on Charming Mukilteo Waterfront <ul><li>​Heart of Downtown Mukilteo</li><li>​Walkable Waterfront Location</li><li>​Stunning Puget Sound Views</li><li>​Proximate to Major Employers</li><li>​Short Distance to Boeing & Paine Field</li><li>​One of only 8 Apartment Buildings Downtown</li><li>​Built to Condo Specifications</li></ul>

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NOI
$80,000
Cap Rate
1.95%
DSCR
0.33
Underwater
Cash-on-Cash
-13.29%
Monthly Payment
$20,284.563
Annual Cash Flow
$-163,414.756

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