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Avon Park
On the Market
Price: Market
Offers: Reviewed Upon Receipt
Tours: Call Broker
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Property Details
Unit Mix
Opportunity
85-Unit, Value-Add Apartment in Burien
VALUE-ADD RENOVATION POTENTIAL
Avon Park presents an opportunity for value-add renovations, including modernizing units with stainless steel appliances and refreshing the community amenities with a gym and BBQ patio area. These enhancements can increase rental income by over $190,000+ annually, providing investors with a lucrative opportunity to boost value.
PRIME SUBURBAN LOCATION
Avon Park, situated 15 miles south of downtown Seattle in Burien, offers seamless access to the city’s bustling job market, cultural scene, and entertainment. Its strategic location, coupled with efficient public transit, convenient highway access, and proximity to Seattle-Tacoma International Airport, makes it an attractive choice for tenants seeking convenience.
Location
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About the Area
BURIEN
Burien holds significant allure for property investors due to its advantageous location just south of Seattle.
Burien’s multifaceted allure is rooted in its distinct sense of identity, affordability, and an array of local amenities.
Burien’s strategic positioning allows investors to tap into Seattle’s thriving economic landscape while enjoying more affordable property prices compared to the city itself. The city’s robust transportation infrastructure, bolstered by its convenient access to major highways and the bustling Seattle-Tacoma International Airport, not only ensures smooth commuting but also amplifies the area’s attractiveness to residents and potential tenants. Moreover, the prospect of urban revitalization and growth initiatives presents a compelling opportunity for investors.
80,000
Population (3 Miles)
$141,000+
Average Household Income (3 Miles)
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