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    45-Unit Apartment Complex For Sale Title is generated by Realmo AI

    401 Stanford Dr, Mount Vernon, WA 98273

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    For Sale
    $7,895,000

    Large apartment complex near schools and hospital.

    Type:Commercial
    Property size:
    23,922 SF
    Lot size:
    1.95 Acres
    Price / SF:
    $330/SF
    Added:
    Apr 20, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 20 at 8:15 pm

    Property Features for 401 Stanford Dr

    General Information

    Standard status
    Active
    Size
    23,922 SF
    Lot size
    1.95 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1977

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    Listing Contact
    GARY FRANKLIN
    GARY FRANKLIN

    Listing agent GARY FRANKLIN

    Listing office WINDERMERE-SAN JUAN ISLAND

    Listing date Apr 20, 2026

    Source Corcoran

    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 WINDERMERE-SAN JUAN ISLAND

    HighLights

    • Large 45‑unit apartment complex, a great investment opportunity.
    • Walking distance to schools and hospital, offering convenience for residents.
    • Recent complete rehab renovations make this a move‑in ready property.
    • Stainless steel appliances in units.
    • On‑site management office and laundry facilities.
    • Siding and roofs are relatively new (6‑7 years old).

    Overview

    This large apartment complex comprises 45 units across four buildings, situated on two corner lots totaling 1.95 acres. The property is located within walking distance of schools and a hospital. The unit mix includes 44 one-bedroom, one-bath units and one three-bedroom, 3.5-bath unit. On-site amenities include a management office and three coin-operated laundry facilities. Parking is uncovered, with the exception of a two-car garage for the three-bedroom unit. Originally constructed in 1977 and 1979, the buildings have undergone complete renovations. Units feature vinyl floors and stainless steel appliances, including a range/oven, refrigerator, and dishwasher. The property is partially fenced. The siding and roofs are approximately 6 to 7 years old. The total property size is 23,922 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Skagit
    State
    Washington
    Longitude
    -122.316465
    Latitude
    48.423066

    FAQs

    What type of property is this?
    Apartment building - Large apartment complex near schools and hospital.
    Where is this apartment building located?
    The property is located at 401 Stanford Dr Mount Vernon, WA.
    What is the asking price?
    The asking price for this property is $7,895,000.
    What are key features of this property?
    This property features: Large 45‑unit apartment complex, a great investment opportunity.; Walking distance to schools and hospital, offering convenience for residents.; Recent complete rehab renovations make this a move‑in ready property.
    More about this property
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