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Listings/Lobdell Apartments

Lobdell Apartments

Sale Price: $4,500,000

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Sale Summary

Property Details

ADDRESS
812 10th St NE, Auburn
YEAR BUILT
1965
NO. OF UNITS
48
AVG. UNIT SIZE
475
NET RENTABLE SF
22,780
LAUNDRY
In-Unit / Common
SITE AREA
53,650
ZONING
R20
NO. OF BUILDINGS
4

Sale Details

Sale Date
April 5th, 2024
Sale Price
$4,500,000
Price per Unit
$93,750

Opportunity

Value-Add Opportunities

Renovate Units

  • LVP Flooring
  • New Cabinets & Countertops
  • Stainless Steel Appliances
  • Update Bathroom
  • Fresh Paint

Upgrade Common Areas

  • Basketball Court
  • Play Structure
  • Finish Dog Run
  • Add BBQ Area
  • Add Signage

Location

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Lobdell Apartments

812 10th St NE
Auburn, WA 98002
Units: 48
Price: $4,500,000

About the Area

Lobdell Apartments is located in Auburn, a dynamic city that combines a rich history with a commitment to diversity, economic development, and a high quality of life.

Nestled in the picturesque Green River Valley, Auburn has evolved from its origins as a trading post and farming community in the 1800s to become a bustling urban center. The city’s economy is diversified, with a focus on manufacturing, retail, and services, providing employment opportunities and attracting residents from various backgrounds. Auburn offers an array of recreational activities, parks, and cultural attractions, fostering a high quality of life for its residents. Its accessibility to Seattle and Tacoma, along with its proximity to natural landscapes like the Green River and Cascade foothills, make Auburn an appealing destination for those seeking a mix of urban amenities and outdoor adventures.

8 Mins.

Drive to Kent Valley

19 Min

Drive to Tacoma

25 Mins.

Drive to Seattle

Contact Us

Exclusive Listing Brokers

Call/Text: 206.665.3272

Call/Text: 206.414.8575

Call/Text: 425.736.5516