Properties for Sale

Stone Ridge

STONE RIDGE
17726 12TH AVE NE
Shoreline, WA

Foundation Group is pleased to exclusively offer for sale the Stone Ridge Apartments, a well-maintained portfolio of four-unit buildings located in Shoreline. This property provides an opportunity to acquire a stabilized, long-term investment with upside potential, including the newly renovated Detached Accessory Dwelling Unit (DADU). Stone Ridge offers spacious, well-appointed units across five parcels, making it an ideal investment in the growing Shoreline market.

Stone Ridge has the near-term upside of adding value with its mix of 2-bedroom, 1.75-bath units and the DADU, offering investors flexibility. The property sits on multiple parcels and benefits from its prime location in Shoreline, a suburb known for its parks and proximity to Puget Sound. With well-regarded schools and easy access to Seattle’s job market, the area appeals to families and young professionals alike.

The buildings were constructed in 1999 but have been kept up-to-date, including roof replacements six years ago. Each unit features modern conveniences such as in-unit washers and dryers, gas fireplaces, private outdoor spaces, and ample parking. The comprehensive maintenance agreement between the owners covers shared resources like parking, garbage collection, irrigation, and fire monitoring systems, making this a low-maintenance investment.

Stone Ridge’s location offers a suburban lifestyle with easy access to outdoor activities, while still being a short commute to Seattle’s broader job market. The property presents a rare chance for investors to acquire a stable asset with room for future growth.

 

Listing Agent

Erich Bubbel
P: 206.399.3285
E: Email Erich

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