Apartment Building with Remodeled
For Sale
Contact for pricing
1100 NE Sunset Blvd, Renton, WA 98056
Multifamily property with lightly updated units and access to regional employment centers, freeways, and transit.
Property SizeContact for details
Days on Market142
Property Features for 1100 NE Sunset Blvd
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Listing Agency:
Berkadia
Listed By:
Chad Blenz · License #WA 125100
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 11:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia
Investment Insights
Based on property information with market context.
Heritage Grove is an apartment property with lightly remodeled unit interiors, minimal deferred maintenance, and recent capital improvements. The 30-year LIHTC restrictions are scheduled to terminate on January 1, 2025, with the property positioned for changes to rents and additional operating initiatives. Parking monetization and a RUBS program are identified as potential supplementary income sources.
Located at 1100 NE Sunset Blvd in Renton, Washington, the property offers access to major freeways, transit options, and employment centers associated with Microsoft, Amazon, and Boeing. Renton’s economic base includes aerospace, technology, and healthcare, while its proximity to Greater Seattle supports access to a broad employment market. The source information also reports a 62% occupancy rate for the market and average effective rents of $2,113 as of 3Q2024.
Located at 1100 NE Sunset Blvd in Renton, Washington, the property offers access to major freeways, transit options, and employment centers associated with Microsoft, Amazon, and Boeing. Renton’s economic base includes aerospace, technology, and healthcare, while its proximity to Greater Seattle supports access to a broad employment market. The source information also reports a 62% occupancy rate for the market and average effective rents of $2,113 as of 3Q2024.
Key Highlights
- 30‑year LIHTC restrictions scheduled to terminate January 1, 2025
- Lightly remodeled apartment interiors
- Minimal deferred maintenance and recent capital improvements
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Explore this area
Business Placement
Demographics for 98056, WA
36,344
Population
15,609
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
4,782
Density / Sq Mi
$108,596
Median Household Income
$59,170
Median Earnings
$1,992
Median Rent
$726,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with lightly updated units and access to regional employment centers, freeways, and transit.
Where is this apartment building located?
The property is located at 1100 NE Sunset Blvd Renton, WA.
What are key features of this property?
This property features: 30‑year LIHTC restrictions scheduled to terminate January 1, 2025; Lightly remodeled apartment interiors; Minimal deferred maintenance and recent capital improvements
