936 N 198th StreetShoreline, WA 98133
Listing courtesy of David W Petersen of Westlake Associates, Inc.
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
The Encore Apartments offers a new investor a great value add opportunity in a landlord friendly city. A new investor over time can also renovate units upon turnover and modernize each unit with stainless steel appliances, granite/quartz counters, new cabinets etc. In current condition, a new investor can raise rents and get this building to a 7.18% CAP Rate. Excellent value-add opportunity. All 12 units are Two-Bed/One-Bath units averaging about 700 square feet each. Ample open parking available on site that has been re-paved and re-striped. Building has updated electrical panels and a newer TPO roof. Coin-operated common laundry available. Conveniently located in Shoreline, property has easy access to Rapid Ride Transit, Highway 99, Interstate-5, and the 185th Street Light Rail Station.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
Listing courtesy of David W Petersen of Westlake Associates, Inc.
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Last checked: 2026-10-06 09:07 PM PDT