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Sunset West Apartments 200-219 lodean Dr 24 Unit Apartment Building For Sale Burlington, WA 98233
INVESTMENT HIGHLIGHTS
- Turnkey and Stabilized
- Recent Exterior Upgrades: $100K+ Spent On New Roofs (2022), Fresh Paint, Landscaping, Gutters, And Signage.
- Full Interior Renovations: $25K–$35K Per Unit — Down To Drywall And Subfloor.
- Laundry In-Unit: All Units Include Full-Size, Washer/Dyer.
EXECUTIVE SUMMARY
Cushman & Wakefield Capital Markets is pleased to present an exclusive opportunity to acquire Sunset West Apartments, a modern multifamily asset located in the suburban community of Burlington, Washington. This property, situated at 200-219 Lodean Drive, offers investors the rare opportunity to acquire a recently renovated, high-quality community with a desirable unit mix and a full suite of amenities—features seldom found in a property of this size.
Sunset West stands out with spacious floorplans averaging 820 square feet, featuring a desirable mix of two-bedroom units designed to appeal to a broad tenant base seeking a suburban lifestyle. Each apartment is outfitted with in-unit washers and dryers, granite counters, and stainless steel appliances.
What truly sets Sunset West apart is its robust community amenity offering, uncommon for a property of this size. Residents enjoy a comfortable lifestyle with ample surface parking, landscaped outdoor areas, and private balconies or patios on select units.
Sunset West stands out with spacious floorplans averaging 820 square feet, featuring a desirable mix of two-bedroom units designed to appeal to a broad tenant base seeking a suburban lifestyle. Each apartment is outfitted with in-unit washers and dryers, granite counters, and stainless steel appliances.
What truly sets Sunset West apart is its robust community amenity offering, uncommon for a property of this size. Residents enjoy a comfortable lifestyle with ample surface parking, landscaped outdoor areas, and private balconies or patios on select units.
PROPERTY FACTS
| Sale Type | Investment | Building Class | B |
| No. Units | 24 | Lot Size | 1.08 AC |
| Property Type | Multifamily | Building Size | 20,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1978 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 20,000 SF |
| No. Stories | 2 |
| Year Built | 1978 |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 24 | - | 820 |
PROPERTY TAXES
| Parcel Number | P62568 | Improvements Assessment | $2,421,699 CAD |
| Land Assessment | $2,832,865 CAD | Total Assessment | $5,254,564 CAD |
PROPERTY TAXES
Parcel Number
P62568
Land Assessment
$2,832,865 CAD
Improvements Assessment
$2,421,699 CAD
Total Assessment
$5,254,564 CAD
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Sunset West Apartments | 200-219 lodean Dr
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