Properties For Sale

Auburn Oaks Apartments

Auburn Oaks Apartment
3714 D St SE, Auburn, WA 98002

 

The Foundation Group is pleased to exclusively represent the sale of The Auburn Oaks Apartments, a 12-unit apartment complex located in Auburn, WA. The property is positioned for immediate renovation and/or lease-up, with 10 of the 12 units currently vacant. This creates an ideal opportunity for a seasoned apartment investor or a group looking to avoid the typical hassle of vacating tenants prior to starting a renovation project.

 

Built in 1985, the property offers strong value-add potential with layouts well suited for modernization, including the option to open galley kitchens into more spacious living areas. Units already include in-unit laundry and a unique bathroom layout that could be reconfigured to potentially add a second bathroom, creating more attractive 2 bed / 1.75 bath units (buyer to verify). The property includes 24 parking spaces (4 uncovered and 20 covered carport spaces). Two units are on month-to-month leases, giving flexibility for phased renovations. Additional outdoor space could be repurposed into amenities such as gardens, dog runs, or tenant storage, enhancing the property’s appeal for workforce housing tenants.

 

 

Listing Agents

Ethan Szmania
P: 206.774.5419
E: Email Ethan

 

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