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Evergreen Grove Apartments
Multifamily |
Lynnwood, WA
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An off-market value-add multifamily opportunity in the submarket of Lynnwood (WA).
Deal Highlights
- Off-market Opportunity and Pricing Advantage
- Offers Significant Opportunity for Improvement
- Low Basis - All-in at a $35,000 Discount per Door
- Renovation Upside - Projecting 19% Return on Cost for Units
- Seattle Rents at All-Time Highs and Suburbs Outperforming
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