Description
Land use is approved for 53-unit multifamily with a mix of studio to 2-bedroom apartments and 6 townhomes. Civil Engineering design in progress in coordination with King County planners. Within a designated Opportunity Zone and bordered by 3 major municipalities (Seattle, Tukwila & Renton), this 2-acre site would be a strong performer for a developer in a submarket that has recently held annual rent growth around 5 percent as supported by the area's major employers.
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0BEDS
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2ACRES
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0BATHS
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01/2 BATHS
School Information
Listing Courtesy of Century 21 Real Estate Center.Description
Land use is approved for 53-unit multifamily with a mix of studio to 2-bedroom apartments and 6 townhomes. Civil Engineering design in progress in coordination with King County planners. Within a designated Opportunity Zone and bordered by 3 major municipalities (Seattle, Tukwila & Renton), this 2-acre site would be a strong performer for a developer in a submarket that has recently held annual rent growth around 5 percent as supported by the area's major employers.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-27T10:16:28.923.