Listings/Lobdell Apartments
Lobdell Apartments
On the Market
Price: $8,500,000
Tours: By Appointment
Offers Date: Reviewed Upon Receipt
Access marketing materials by using the button below.
Site Details
Residential Unit Mix
Opportunity
Lobdell Apartments is a 48-unit multifamily investment opportunity located in Auburn, Washington. Built in 1965, the property consists of four two-story buildings situated on over an acre of land. The unit mix includes studio, one-, two-, and three-bedroom floor plans, with an average unit size of approximately 475 square feet.
Location
Open Google MapsAbout the Area
Located in Auburn, WA, Lobdell Apartments benefits from a dynamic and diverse local economy, anchored by manufacturing, aerospace, logistics, and healthcare sectors. Auburn offers residents convenient access to both Seattle and Tacoma, while being adjacent to the thriving Kent Valley industrial hub. The area combines strong employment drivers, regional connectivity, and a growing population that supports long-term multifamily demand.
Highlights
Easy access to I-5, Hwy 167, Sounder Train
Major nearby employers: Boeing, Blue Origin, and Kent Valley industrial base
Close proximity to retail centers, schools, parks, and entertainment venues
Gallery