19207 60th Avenue W
Lynnwood WA 98036
Village Manor
19207 60th Avenue W Lynnwood WA 98036
Listing #: 707623 | Status: Pending | Last Modified: 3/4/2026 |
For Sale
- Phone:(206) 812-9105
- Email:nhemming@paragonrea.com
- Office Name:Paragon Real Estate Advisors
- Office Phone:(206) 623-8880
- Office Website:www.paragonrea.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,900,000.0
- $/SF$ 364.0
- $/Unit$ 1,900,000.0
- Listing StatusPending
- Days on Market86
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income152,133
- Vacancy Factor %5.00%
- Operating Expenses44,928
- Net Operating Income99,598
- CAP Rate 5.64 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.64 %
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units8
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5220
- Net Rentable Area5220
- Total Office SF
- Largest Contiguous SF
- Lot SF21344
- Acres0.49
- Property TypeMulti-Family
- Office Type
- Building Class
- CountySnohomish
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaEdmonds
- Tax ID #00585300000800
- Additional Parcels
- ZoningCG
- # Covered Spaces0
- # Uncovered Spaces10
- Total Parking Spots10
- Parking Ratio1 to 1
- Year Built1957
- Year Renovated1979
- Completion Date
- Roof Type
- Construction Type
Village Manor
We are pleased to present the Village Manor Apartments, a rare multifamily investment opportunity in the thriving Lynnwood market. This well-maintained 8-unit property offers investors a strong in-place tenant base with clear upside through a proven value-add strategy, already implemented in 50% of the units. The unit mix consists of three 1-bedroom + den units, four 2-bedroom units, and one spacious 2-bedroom + den unit. The renovated 2-bedroom units feature quartz kitchen countertops, refinished cabinetry with new hardware, modern bathroom vanities and tub surrounds, and new LVP flooring in kitchens and bathrooms. Each unit enjoys access to a shared central courtyard and a common laundry room, enhancing tenant appeal. Village Manor Apartments is a low-maintenance asset, with many major b




















