8509 - 8513 244th St SW
Edmonds WA 98026
Nyland Apartments
8509 - 8513 244th St SW Edmonds WA 98026
Listing #: 707972 | Status: Available | Last Modified: 3/2/2026 |
For Sale
- Phone:(206) 442-2735
- Email:peter.wright@cbre.com
- Office Name:CBRE
- Office Phone:(253) 572-6355
- Office Website:www.cbre.com
- Agent Phone:(206) 898-2089
- Agent Email:spencer.clark@cbre.com
- Agent Phone:(206) 292-1600
- Agent Email:reed.hunter@cbre.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 7,150,000.0
- $/SF$ 309.1
- $/Unit$ 7,150,000.0
- Listing StatusAvailable
- Days on Market90
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 4.85 %
- 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
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units19
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF23128
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF29593
- Acres0.68
- Property TypeMulti-Family
- Office Type
- Building ClassA
- CountySnohomish
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaEdmonds
- Tax ID #00463303200303
- Additional Parcels
- ZoningRM-1.5
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built2021
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed
Nyland Apartments
CBRE is pleased to present the Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential community offers investors the rare chance to acquire a newly constructed property in one of the Puget Sound’s most coveted and supply-constrained submarkets. The property sits on approximately one acre of land (51,000+ square feet) zoned for multifamily use, providing long-term flexibility and redevelopment potential in a rapidly growing suburban environment.
