 
  
UNDER CONTRACT // 125 W. Casino Rd., Everett, WA
Ridgeline
Closed
Built in 1995, Ridgeline is a two-building and twenty-four-unit apartment community centrally located in the Westmont neighborhood of Everett. With the Boeing Everett Factory and Paine Field to the east, and Sound Transit’s new Light Rail Station coming a few blocks to the west, Ridgeline is perfectly situated to benefit from economic drivers that look poised to strengthen over the long term. Tenants enjoy private balconies, side-by-side laundry machines, and vaulted ceilings in top floor units.
Ridgeline consists of two one-bedroom, one-bathroom units averaging ±907 square feet and twenty-two two-bedroom, one-bathroom units averaging ±950 square feet.
 
        
        
      
    
    Property Overview
ADDRESS
125 W. Casino Rd.,
Everett, WA 98204
RESIDENTIAL NRSF
±22,704
NEIGHBORHOOD
Casino Corner
PARKING
38 Carport Stalls
YEAR BUILT
1995
ZONING
134 MULTIPLE FAMILY 21 - 30
UNITS
24 Units
SITE AREA
± 60,984 SF (1.4 ACRES)
Executive Highlights
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       Value Add OpportunityAbility to capture significant rental upside through interior renovations 
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       1995 Year of ConstructionInterior renovations without major system upgrades needed 
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       Plentiful Covered Parking38 Carport stalls for 24 units 
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       Units Well-AmenitizedSide-by-side laundry, vaulted ceilings, private balconies 
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       Strong Unit MixNearly all large two-bedrooms 
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       Proven Rental UpsidePro Forma rents already achieved in multiple units 
Location
 
          
        
          
          
        
       
        
        
      
    
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