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Belleme at Normandy Park 18449 1st Ave S 12 Unité Immeuble d’appartements 3 191 020 $ CAD (265 918 $ CAD/Unité) Normandy Park, WA 98148



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Approximately 75% complete
- Desirable unit mix: 2 – 2bd, 4 – 3bd and ground floor commercial space
- Excellent Normandy Park location
- 6-12 month estimated time to project completion
- Potential to make the ground floor “live/work” for residential use
- Attractive modern design that blends with the neighboring townhouse development
RÉSUMÉ DE L'ANNONCE
Paragon Real Estate Advisors is proud to present the Belleme at Normandy Park, a partially completed mixed-use apartment building located on 1st Ave South in the excellent community of Normandy Park. This project is located in one of the fastest growing suburbs in King County and is well-positioned for success with high rental demand and very little nearby new construction to compete with.
The building has approximately 2,596 square feet of commercial space on the first floor level that has been divided into 6 live-work units offering flexibility. The second and third floors are comprised of 6 large, condo-style residential units with a total of approximately 7,000 rentable square feet. The residential unit layout consists of four - 3BD/2BTH units and two - 2BD/2BTH units that range from 1,006 – 1,200 square feet. The large 13,673 square foot lot also has ample parking, with 18 off-street stalls, two of which are ADA accessible stalls. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.
Belleme at Normandy Park is located on 1st Ave S, one of the main thoroughfares that connects this growing city with nearby Burien and Des Moines. This location is ideal for people who want to be in a more calm, suburban setting, but still close to the city with convenient options for commuters. With Highway 509, 99 and I-5 all within a close proximity, residents can get to where they need to go easily.
The building has approximately 2,596 square feet of commercial space on the first floor level that has been divided into 6 live-work units offering flexibility. The second and third floors are comprised of 6 large, condo-style residential units with a total of approximately 7,000 rentable square feet. The residential unit layout consists of four - 3BD/2BTH units and two - 2BD/2BTH units that range from 1,006 – 1,200 square feet. The large 13,673 square foot lot also has ample parking, with 18 off-street stalls, two of which are ADA accessible stalls. The flexibility and short timeline to finish a new product makes this a very unique and lucrative opportunity for the future owner.
Belleme at Normandy Park is located on 1st Ave S, one of the main thoroughfares that connects this growing city with nearby Burien and Des Moines. This location is ideal for people who want to be in a more calm, suburban setting, but still close to the city with convenient options for commuters. With Highway 509, 99 and I-5 all within a close proximity, residents can get to where they need to go easily.
FAITS SUR LA PROPRIÉTÉ Sous contrat
| Prix | 3 191 020 $ CAD | Classe d’immeuble | B |
| Prix par unité | 265 918 $ CAD | Taille du lot | 0,31 AC |
| Type de vente | Investissement | État de la construction | En construction |
| Nombre d’unités | 12 | Taille du bâtiment | 9 596 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 2026 |
| Style d’appartement | De faible hauteur | ||
| Zonage | MU - Mixed Use | ||
| Prix | 3 191 020 $ CAD |
| Prix par unité | 265 918 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 12 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,31 AC |
| État de la construction | En construction |
| Taille du bâtiment | 9 596 pi² |
| Nombre d’étages | 3 |
| Année de construction | 2026 |
| Zonage | MU - Mixed Use |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 3+2 | 4 | - | 1 089 - 1 200 |
| 2+2 | 2 | - | 1 006 |
| Studios | 6 | - | 262 - 485 |
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Impôts fonciers
| Numéro de lot | 050200-0200 | Évaluation des bâtiments | 2 320 589 $ CAD |
| Évaluation du terrain | 462 681 $ CAD | Évaluation totale | 2 783 271 $ CAD |
Impôts fonciers
Numéro de lot
050200-0200
Évaluation du terrain
462 681 $ CAD
Évaluation des bâtiments
2 320 589 $ CAD
Évaluation totale
2 783 271 $ CAD
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Belleme at Normandy Park | 18449 1st Ave S
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