Everett Cove — Sale in Everett, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Everett, WA 98204
  • Year built: 1980

Photos

Everett Cove — Sale in Everett, WA, photo 1 of 8
Everett Cove — Sale in Everett, WA, photo 2 of 8
Everett Cove — Sale in Everett, WA, photo 3 of 8
Everett Cove — Sale in Everett, WA, photo 4 of 8
Everett Cove — Sale in Everett, WA, photo 5 of 8
Everett Cove — Sale in Everett, WA, photo 6 of 8
Everett Cove — Sale in Everett, WA, photo 7 of 8
Everett Cove — Sale in Everett, WA, photo 8 of 8

Description

JLL, as exclusive advisor, is pleased to present the outstanding opportunity to acquire Everett Cove (the “Property”), a 67-unit value-add garden-style apartment community in Everett, Washington, less than two miles from one of the state’s largest employers. Built in 1980, with condo-quality renovations completed in 2008, and 48 units renovated since 2022, Everett Cove comprises 67 apartment homes with a generous average unit size of 1,104 square feet, representing true “home-substitute” product. The Property features predominantly spacious two-bedroom, two-bathroom and two bedroom, two-and-a-half-bathroom floor plans, along with select one-bedroom units, and offers residents desirable amenities including a fitness center, clubhouse, BBQ area, courtyard with firepit, and covered parking. While the Property includes a fractured condominium ownership component, the seller maintains control over all HOA voting decisions, ensuring operational continuity and streamlined decision-making for future ownership. Strategically positioned in one of the Seattle MSA’s most accessible submarkets, Everett Cove delivers exceptional connectivity to regional employment centers and premier retail destinations in a supply-constrained environment, where only one 50+ unit project has delivered within a four-mile radius since 2020 and none are under construction.

Market Context

This multifamily in Everett, WA is listed for sale. The building dates to 1980. Compare it against other multifamily listings for sale in Everett, WA — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in Everett, WA