Properties Recently Sold

Stone Ridge

STONE RIDGE
17728 12TH AVE NE
Shoreline, WA

Foundation Group is pleased to exclusively offer for sale the Stone Ridge Apartments, a well-maintained 4-unit portfolio located in Shoreline, WA. This first-time offering since its construction in 1999 presents an excellent opportunity to acquire a stable asset with significant upside potential. Stone Ridge sits across five separate parcels, each containing four 2-bedroom, 1.75-bath units, providing both investor flexibility and long-term growth.

The Stone Ridge property offers a desirable unit mix, with spacious downstairs units featuring private patios and backyards, while top-floor units boast vaulted ceilings and decks for an open, airy living experience. The additional fifth parcel includes four more units plus a newly renovated Detached Accessory Dwelling Unit (DADU), offering a 1-bedroom, 1-bath option with modern amenities like in-unit laundry and a private patio.

Each unit is equipped with modern conveniences, including in-unit washers and dryers, gas fireplaces, and ample parking for tenants and guests. All five parcels are separately metered for water and sewer, providing operational efficiency for future ownership. The building roofs were replaced just six years ago, ensuring minimal capital expenditure for new owners.

The property’s low-maintenance appeal is enhanced by a comprehensive maintenance agreement between owners, covering shared services like parking, garbage collection, landscaping, and fire monitoring systems. This makes Stone Ridge an attractive investment for those seeking a long-term, hassle-free asset in a desirable Shoreline location.

Located in the heart of Shoreline, a suburb known for its parks and access to Puget Sound, Stone Ridge appeals to both families and young professionals. The area is home to well-regarded schools and offers convenient access to Seattle’s job market, while providing a tranquil, suburban lifestyle. Outdoor enthusiasts will enjoy nearby hiking, kayaking, and beach access, while the city’s entertainment options are just a short drive away.

Listing Agent

Erich Bubbel
P: 206.399.3285
E: Email Erich

Seattle Commercial Real Estate Brokerage With a Difference!

What Our Clients Say About Us

We’ve never had such responsive and professional property managers. They go above and beyond to make sure everything runs smoothly.

Stan C

The property is always well-maintained, and the staff is friendly and efficient. It’s clear they take pride in their work.

Roberta B

Your team’s market knowledge and negotiation skills helped us secure the perfect building at a great price. Truly exceptional service!

Laura C

I’ve worked with several property management companies, and none compared to the level of service and care we receive here.

John Z

We’ve worked with several brokerages, but none have matched your professionalism, responsiveness, and strategic insight.

Frances S

You understood our business goals and translated them into a real estate strategy that delivered results. Outstanding work!

LaVern P

Thanks to your guidance, we found a location that not only fits our needs but positions us for future growth. We couldn’t be happier.

Chris N

From day one, the management has been transparent, reliable, and incredibly helpful. It’s a pleasure working with them.

Susan A

We appreciate how quickly issues are addressed and how well the common areas are kept. It makes our building a great place to work/live.

Mune T

Your team’s professionalism and dedication have made a huge impact on our experience. Thank you for everything!

Gary C

Your brokerage team is a true partner—proactive, knowledgeable, and always looking out for our best interests.

Randall G

The brokerage team was incredibly thorough and transparent throughout the process. We felt supported every step of the way.

Kathrine D

The building is always spotless, and any maintenance issues are resolved quickly. The management team truly cares about the tenants.

Rita R

Thanks to your team, our building feels like a community. The attention to detail and proactive communication make all the difference.

Robert M

We appreciate the personalized attention and deep understanding of the local market. You helped us make a smart, informed decision.

Sam J

CONNECT WITH US

GIVE A REVIEW

Check out Foundation Group on Yelp