Everett Multifamily Investment
For Sale
$5,400,000
Pending
6911 Rainier Drive, Everett, WA 98203
Well-maintained, fully occupied multifamily property in central Everett location.
Property SizeContact for details
Days on Market591
Property Features for 6911 Rainier Drive
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1979
Listing Agency:
JOHN L. SCOTT - MUKILTEO
Listed By:
JESI WILLIAMS
Source:
Corcoran
Added: Jan 28, 2025
Changed: Sep 10
Last Checked: Sep 11 at 8:20AM
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 JOHN L. SCOTT - MUKILTEO
Investment Insights
Based on property information with market context.
Rainier Townhomes presents an opportunity to acquire a stabilized multifamily asset located in Everett. The property has maintained 100% occupancy for most of the past year, indicating strong tenant demand and professional management. Recent capital improvements include a new roof on one building and proactive maintenance across the property, ensuring structural integrity and operational efficiency. The property is situated in a central Everett location, benefiting from proximity to major employers, transit corridors, and neighborhood amenities. This location is desirable for residents and provides reliable performance for investors. The property is a turn-key asset with in-place cash flow.
Key Highlights
- 100% Occupancy: Demonstrates strong tenant demand.
- Stabilized, Well‑Maintained Asset: A turn‑key investment.
- Central Everett Location: Convenient access to amenities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Explore this area
Business Placement
Demographics for 98203, WA
37,491
Population
14,848
Households
2.5
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
11.8 sq mi
ZIP Area
3,177
Density / Sq Mi
$101,505
Median Household Income
$55,176
Median Earnings
$1,761
Median Rent
$575,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained, fully occupied multifamily property in central Everett location.
Where is this apartment building located?
The property is located at 6911 Rainier Drive Everett, WA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: 100% Occupancy: Demonstrates strong tenant demand.; Stabilized, Well‑Maintained Asset: A turn‑key investment.; Central Everett Location: Convenient access to amenities.
