2233 Roosevelt Avenue

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Sale Price: $1,200,000

For more information about this property, please contact the listing broker.

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Download the 2233 Roosevelt Avenue Case Study at the link below.

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Sale Summary

Neglect had led to multiple unrentable units. To find the best off-market buyer, we targeted experienced Enumclaw buyers with renovation and construction expertise. Eventually, we successfully addressed the owners’ concerns, secured a contract, and had confidence in Keystone Investment Group’s ability to handle the transaction despite deferred maintenance. The sale details include a sales price of $1.2 million, $120,000 per unit, and $154 per net square foot, with a 3.0% cap rate.