Map of Property

Riverton View

For Sale

3455 S 144th St, Seattle, WA 98168

This Seattle property for sale is located at 3455 S 144th St. The current listed sale price for Riverton View is $3,995,000. Riverton View is situated on a lot that is 28,824 square feet in size.

Contacts

broker
JD Fuller

Kidder Mathews

broker
Dylan Simon

Kidder Mathews

Property Details

  • Property Type Multi-Family
  • Property Size 16,980 SF
  • Units 24
  • Lot Size 28,824 SF
  • Cap Rate % 6.9
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Parking Spaces Avail. 26
  • Parking Ratio 1.53 / 1,000 SF
  • Year Built 1963
  • Date Updated Nov 19, 2024

SIGNIFICANT RENT UPSIDE Current rental income at this property presents a substantial opportunity for increased returns, as it stands 46% below market rates. Remarkably, this potential for revenue growth does not require any property upgrades or renovations. Investors can capitalize on the below-market positioning to swiftly adjust rents and enhance cash flow, maximizing returns with minimal additional expense.

OPERATIONAL EFFICIENCY OPPORTUNITY Riverton View Apartments offer significant operational upside through improved efficiencies. By optimizing property management practices, streamlining maintenance procedures, and leveraging modern technology for rent collection and tenant services, investors can reduce operating expenses.

UNIT INTERIOR UPGRADES The Riverton View Apartments present an attractive value-add opportunity. The property is well-maintained but offers potential for interior upgrades that could lead to rental increases and improved returns. Investors can capitalize on this upside by modernizing units to meet current market trends.

RECENT CAPITAL IMPROVEMENTS The property has benefited from significant owner-provided improvements that enhance its long-term value and tenant experience. These include a new roof added in July 2024, updated electrical panels and main system in 2024, new toilets within the last 5 years, and window replacements completed within the last 10 years.

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Getting around

  • 65/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Seattle, WA
  • Zip Code 98168
  • Market Seattle

Points of Interest

  • Tukwila International Boulevard

    0.68 miles

  • Uber Pickup Zone

    1.71 miles

  • N Gates

    1.90 miles

  • C Gates

    2.07 miles

  • Capital Aeroporter Airport Shuttle

    2.18 miles

  • A Gates

    2.30 miles

  • B Gates

    2.38 miles

  • S Gates

    2.51 miles

  • Rainier Beach

    3.39 miles

  • Kent

    6.71 miles

  • Chevron

    0.11 miles

  • Shell

    0.17 miles

  • Arco

    0.57 miles

  • Alliance Auto Gas

    0.92 miles

  • Pacific Pride

    1.04 miles

  • 76

    1.07 miles

  • Fuelman

    1.12 miles

  • Texaco

    1.27 miles

  • Blink

    1.55 miles

  • eVgo

    1.73 miles

  • Church By the Side of the Road Park & Ride

    0.23 miles

  • Tukwila International Boulevard Station Parking

    0.64 miles

  • ShuttlePark 2

    0.89 miles

  • Port of Seattle Employee Parking

    0.90 miles

  • Seatac Rental Car Facility

    0.93 miles

  • Visitor Parking

    0.98 miles

  • Tukwila Park & Ride

    1.03 miles

  • TNC Staging Lot

    1.05 miles

  • MPark

    1.12 miles

  • Extra Car Parking

    1.15 miles

  • Jet Inn Motel

    0.19 miles

  • Knight Inn

    0.28 miles

  • Econo Lodge Seatac Airport

    0.38 miles

  • Ramada Inn

    0.41 miles

  • Super 8 by Wyndham SeaTac Airport

    1.01 miles

  • Extended Stay America

    1.04 miles

  • Days Inn - Seattle South/Tukwila

    1.18 miles

  • Motel 6 Seattle Airport

    1.30 miles

  • Ramada

    1.50 miles

  • Interurban Suites Hotel

    1.58 miles

  • Saar's Super Saver Foods

    0.08 miles

  • Safeway

    1.27 miles

  • 757 Market

    1.33 miles

  • Nordstrom

    1.58 miles

  • Macy's Backstage

    1.64 miles

  • Macy's

    1.64 miles

  • Sears

    1.66 miles

  • Westfield Southcenter

    1.70 miles

  • JCPenney

    1.80 miles

  • Luciana's Market

    1.81 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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