Permit-Ready Multifamily
For Sale
Contact for pricing
Pending
23601 Hwy 99, Edmonds, WA 98026
Permit-ready multifamily project off Highway 99 with 255 market-rate apartments and extensive amenity space.
Property Size272,876 SF
Days on Market133
Property Features for 23601 Hwy 99
General Information
Standard status
Pending
Size
272,876 SF
Total Parking Spaces
224
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
255
Amenities
exterior courtyard
pet spa and dog area
sun deck
plaza
interior common areas
gym
yoga room
reservable office space
bike storage
electric car charging
dedicated package rooms
storage lockers
cold storage for fresh/frozen delivery
fiber optic connections
stainless steel appliances
quartz countertops
high gloss European style cabinets
washers and dryers
spacious balconies
luxury vinyl flooring
Listing Agency:
Pacific Asset Advisors
(425) 990-6200
Listed By:
Adam Greenberg · License #WA 102208
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Aug 21 at 1:57PM
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 Pacific Asset Advisors
Investment Insights
Based on property information with market context.
The Apollo Apartments is a permit-ready multifamily development opportunity designed as a multi-story project with 255 market-rate dwelling units. The permitted program includes 208,799 square feet above grade and 64,077 square feet of parking. The unit layouts include dens, offices, and alcoves, and the plan provides more than 17,000 square feet of amenity space.
Planned amenities include an exterior courtyard, pet spa and dog area, sun deck, plaza, interior common areas, gym, yoga room, reservable office space, bike storage, electric car charging, dedicated package rooms, storage lockers, and cold storage for fresh/frozen deliveries. Units are planned with stainless steel appliances, quartz countertops, European-style high gloss cabinets, washers and dryers, spacious balconies, and luxury vinyl flooring, along with large windows. Fiber optic connections are also included in the units.
The overall plan calls for 224 parking spots within the permitted layout, and the project is positioned immediately off Highway 99 in Edmonds, Washington.
Planned amenities include an exterior courtyard, pet spa and dog area, sun deck, plaza, interior common areas, gym, yoga room, reservable office space, bike storage, electric car charging, dedicated package rooms, storage lockers, and cold storage for fresh/frozen deliveries. Units are planned with stainless steel appliances, quartz countertops, European-style high gloss cabinets, washers and dryers, spacious balconies, and luxury vinyl flooring, along with large windows. Fiber optic connections are also included in the units.
The overall plan calls for 224 parking spots within the permitted layout, and the project is positioned immediately off Highway 99 in Edmonds, Washington.
Key Highlights
- Permit‑ready multifamily development immediately off Highway 99 in Edmonds, WA
- Approved for a 272,876 GSF building: 64,077 SF parking and 208,799 SF above grade
- Includes 255 market‑rate units with a unit mix of 2% studios, 41% open 1‑bedrooms, 39% 1‑bedrooms, and 17% 2‑bedrooms
Property Analytics
Property Profile
Current Use
Lease Details
255
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
Explore this area
Business Placement
Demographics for 98026, WA
38,610
Population
15,884
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
97%
High-School Grad
9.4 sq mi
ZIP Area
4,107
Density / Sq Mi
$124,462
Median Household Income
$63,708
Median Earnings
$1,894
Median Rent
$758,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Permit-ready multifamily project off Highway 99 with 255 market-rate apartments and extensive amenity space.
Where is this apartment building located?
The property is located at 23601 Hwy 99 Edmonds, WA.
What are key features of this property?
This property features: Permit‑ready multifamily development immediately off Highway 99 in Edmonds, WA; Approved for a 272,876 GSF building: 64,077 SF parking and 208,799 SF above grade; Includes 255 market‑rate units with a unit mix of 2% studios, 41% open 1‑bedrooms, 39% 1‑bedrooms, and 17% 2‑bedrooms
