on the market

Listings/View Ridge

View Ridge

On the Market

PRICE: $10,650,000

OFFERS: Reviewed Upon Receipt

To access the full Offering Memorandum and all deal-related documents, follow the document library link below.

Property Details

ADDRESS
12311 Ambaum Blvd SW
CITY, State
Burien, WA
YEAR BUILT
1967
NO. OF UNITS
71
AVG. UNIT SIZE
1,070 SF
NET RENTABLE SF
75,960 SF
PARKING
66 Open & 20 Tandem
SITE AREA
83,252 SF
ZONING
RM-48
PARCEL NO.
374460-0448, 374460-0451

71-Unit, Heavy Value-Add Apartment in Burien with Attractive Financing Opportunity

Value-Add Opportunity

Unit Upgrades

  • Vinyl flooring
  • Stainless steel appliances
  • Countertops & cabinets
  • Refurbished decks
  • Washer/dryer
  • Bathroom upgrade

Property Upgrades

  • Courtyard
  • BBQ Area
  • Dog Walk
  • Upgrade leasing office
  • Walkways
  • Parcel lockers

Location

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View Ridge

12311 Ambaum Blvd SW
Burien, WA 98146
Units: 71
Price: $10,650,000

About the Area

Burien holds significant allure for property investors due to its advantageous location just south of Seattle.

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. The anticipation of improvements in local amenities and developmental projects can lead to an increase in property values, making Burien an enticing prospect for those seeking to capitalize on the area’s evolving landscape.

Affordable Urban Living

Burien's multifaceted allure is rooted in its distinct sense of identity, affordability, and an array of local amenities.

Seamless urban accessibility at your fingertips

For professionals who work in Seattle but desire a more tranquil home environment, Burien provides an ideal compromise. The daily commute becomes manageable, allowing residents to escape the city's hustle and bustle at the end of the day and return to their peaceful retreat in Burien

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