Properties Sold

Swifty Creek Apartments
$16,500,000

Swifty Creek Apartments
627, 707, 729 Avenue A, Snohomish, WA
70-Units

The Swifty Creek Apartments is a three-parcel portfolio with a total of 70 units spread out amongst nine structures. The complex is well-maintained and abuts the Interurban Trail as well as the Snohomish Aquatic Center Recreational Park. Tenants are drawn to the Swifty Creek Apartments for the spacious unit layouts, tidy grounds, central location close to Highway 2 and territorial views to the East of the Cascade Mountain Range.

The complex has an on-site management office that the current ownership group uses to operate the building. The offering includes a significant value-add component which comes from renovating units, implementing a utility bill-back system, adding washer and dryers to the remaining one-bedroom units, and modifying the two-bedroom one ¼ baths to two-bathrooms.

 

Listing Agents

Aaron Locke
P: 206.774.5436
E: Email Aaron

Ethan Szmania
P: 206.774.5419
E: Email Ethan

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