45-Unit Apartment Complex For
401 Stanford Dr Mount Vernon, WA 98273
For Sale
$7,895,000
Large apartment complex near schools and hospital.
Property Size23,922 SF
Lot Size1.95 Acres
Price / SF$330.03
Days on Market95
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
Listing Agency:
WINDERMERE-SAN JUAN ISLAND
(360) 472-7000
Listed By:
GARY FRANKLIN
Source:
Corcoran
Added: Apr 20
Changed: Jul 10
Last Checked: Apr 20 at 8:15PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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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.
