18054 - 18060 9th Avenue Northeast & 18201 10th Ave Northeast

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18054 - 18060 9th Avenue Northeast & 18201 10th Ave Northeast

Shoreline, WA 98155
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

Land | 24,616 SqFt <ul><li>​Zoned MUR70 for versatile multifamily development</li><li>​Prime location in the desirable Shoreline area</li><li>​Ample space for potential multifamily housing</li><li>​Favorable zoning for higher-density residential projects</li><li>​Proximity to key amenities, transportation options, and upcoming Light Rail</li><li>​Ideal for investors seeking multifamily development opportunities</li><li>​Potential for significant return on investment</li><li>​Surrounded by a growing and thriving co

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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