Ambaum Place I & II,luxury meets growth potential.In-place cap rate of 5.6%,Market Cap 6.3%-room to Increase your revenue,Constructed in 2014 & 2018.52 units,6 floor plans,20 studios, 11 one-bedroom/one-bath units, 18 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units,double- or triple-pane windows, LED Lighting,in-unit laundry,private balconies or patios in Ambaum Place II,62 parking spaces. Both buildings must be purchased together, yet they offer the flexibility of separate financing options,Controlled Access,Fitness Center & play ground,picnic area, plus 2-500-SF office spaces.10 minutes from the Sea-Tac airport,minutes to 509,I5,90,and 405,connected to link light rail and sounder commuter rail,20 minutes to seattle.
Listing Provided Courtesy of Donna Marshall, Skyline Properties, Inc.
General Information
NWM2419486
Multi Family
3
DOM
1.15 acres
33592
2014
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Donna Marshall, Skyline Properties, Inc.
Krishna Realty data last checked: Aug 18, 2025 09:09 | Listing last modified Aug 15, 2025 17:49,
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Residence Information
33592
Composition
56 - 10+ Units
2014
Poured Concrete
Fire Sprinklers, Play
Features and Utilities
Wood
Public
Sewer Connected
0
Financial
120782
Cash Out, Conventional
08-12-2025
Comparable Information
3
3
Cash Out, Conventional
$10,400,000
$10,400,000
Aug 15, 2025 17:49
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Ambaum Place I & II,luxury meets growth potential.In-place cap rate of 5.6%,Market Cap 6.3%-room to Increase your revenue,Constructed in 2014 & 2018.52 units,6 floor plans,20 studios, 11 one-bedroom/one-bath units, 18 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units,double- or triple-pane windows, LED Lighting,in-unit laundry,private balconies or patios in Ambaum Place II,62 parking spaces. Both buildings must be purchased together, yet they offer the flexibility of separate financing options,Controlled Access,Fitness Center & play ground,picnic area, plus 2-500-SF office spaces.10 minutes from the Sea-Tac airport,minutes to 509,I5,90,and 405,connected to link light rail and sounder commuter rail,20 minutes to seattle.
