SK Apartments

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Price: Market

Tours: Private Tours Available – Contact Broker

Offers Date: To be Announced

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Property Summary

ADDRESS

11415 Slater Ave NE

CITY

Kirkland

NEIGHBORHOOD

Totem Lake

YEAR BUILT

2009

NO. OF UNITS

AVG. UNIT SIZE

796 SF

NET RENTABLE SF

41,387

PARKING

56 Spaces (Secure Garage)

Residential Unit Summary

Open 1

1X1

1X1+Den

2x2

Open 1 (ARCH)

1x1 (ARCH)

1x1+Den (ARCH)

2x2 (ARCH)

On the Market

SK Apartments is a 52-unit, condo-quality apartment community situated at 11415 Slater Ave NE in the heart of Totem Lake, one of Kirkland’s fastest-evolving neighborhoods. Built in 2009 by MainStreet Property Group, the property features spacious floor plans, upscale interior finishes, and a full suite of modern amenities. This offering represents a rare opportunity to acquire a high-caliber Eastside asset with condominium-quality construction in a high-growth submarket. With in-place rents below market, best-in-class amenities, and a location supported by leading employers, top-ranked schools, and transformative infrastructure investments, SK Apartments delivers a compelling blend of immediate cash flow and long-term value-add potential.

Exceptional Eastside Location

Minutes from Bellevue, Redmond, and Seattle with direct I-405 access.

Condominium-Quality Construction

Premium materials, durable systems, and attractive finishes.

Proximity to Major Employers

Surrounded by Microsoft, Google, Meta, Amazon, and others

Location

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About the Area

Totem Lake, situated in the vibrant city of Kirkland on Seattle’s Eastside, is a dynamic and evolving neighborhood that has undergone significant redevelopment over the past few years, transforming it into a bustling hub blending residential, commercial, and recreational elements.

The neighborhood is centered around the recently redeveloped Village at Totem Lake, an upscale lifestyle center anchored by Whole Foods, Trader Joes, Nordstrom Rack, and Cinemark, contributing to the neighborhood’s lively ambiance.

Positioned strategically along the I-405 corridor, Totem Lake boasts unparalleled connectivity to major employment centers including Bellevue, Redmond, and Seattle. Surrounded by tech giants and startups, such as Google, Tableau, IBM, Microsoft, and Meta, Totem Lake is a hub for innovation. As part of the Eastside’s Tech Innovation Triangle, Totem Lake benefits from a robust job market and consistent population growth.

Beyond its commercial offerings, residents enjoy easy access to parks such as Totem Lake Park, and the Cross Kirkland Corridor, offering green spaces, walking trails, and recreational facilities. Moreover, Totem Lake proudly falls under the umbrella of the Lake Washington School District, renowned as one of the topranked school districts in the State (Top 1%.)

TOTEM LAKE IS THE CENTER OF GROWTH IN KIRKLAND

Preferred Eastside location with access to the region’s top employment hubs, parks, entertainment, and one of Washington's top school districts.

Less than a mile away from the newly redeveloped Village at Totem Lake, an upscale lifestyle center with over 400,000 SF of curated space including: gourmet groceries, boutique shops, a theater, and dining options.

Easy access to the Cross Kirkland Corridor, a 5.75-mile recreational trail that runs through the heart of Kirkland connecting to Bellevue & Redmond.