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Tukwila Multifamily Investment Opportunity
For Sale
$16,500,000
Pending

0 5711 S 152nd St, Tukwila, WA 98188

114-unit apartment complex with value-add potential in Tukwila, WA.

Property Size101,116 SF
Days on Market658

Property Features for 0 5711 S 152nd St

General Information

Standard status Pending
Size 101,116 SF
Property subtype Commercial

Site & Location

Neighborhood Orillia

Building Details

Year Built 1976
Listing Agency: K & R REAL ESTATE GROUP
Listed By: FRANK SONG
Source: Corcoran
Added: Jan 9, 2025 Changed: Oct 25 Last Checked: Oct 28 at 8:55AM

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 K & R REAL ESTATE GROUP

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Investment Insights

Based on property information with market context.

Hampton Heights Apartments, situated in Tukwila, WA, presents an investment opportunity. Constructed in 1976, this property comprises 114 units within nine buildings and one single-family home, totaling 102,116 square feet on a 5.33-acre lot. The unit mix includes 1-bedroom, 2-bedroom, and a 3-bedroom layouts, with some units featuring a two-story townhouse style. Residents benefit from amenities such as private balconies, fireplaces, a pool, a playground, and courtyards. The location offers proximity to Westfield Mall, major freeways, and public transportation options, including light rail and Sea-Tac Airport. The property offers value-add potential with income upside upon the expiration of a WA Housing Finance Co.

Key Highlights

  • 114‑unit apartment complex - a significant investment opportunity.
  • Value‑add potential upon WA Housing Finance Co expiration.
  • Desirable amenities including a pool, playground, private balconies, and fireplaces.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby

Demographics for 98188, WA

27,851
Population
12,025
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
3,438
Density / Sq Mi
$76,559
Median Household Income
$45,245
Median Earnings
$1,641
Median Rent
$452,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 114-unit apartment complex with value-add potential in Tukwila, WA.
Where is this apartment building located?
The property is located at 0 5711 S 152nd St Tukwila, WA.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: 114‑unit apartment complex - a significant investment opportunity.; Value‑add potential upon WA Housing Finance Co expiration.; Desirable amenities including a pool, playground, private balconies, and fireplaces.
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