11015 Woodinville Drive, Bothell, WA 98011

$2,375,000
5,368
SqFt

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Listing courtesy of Urban Commercial Partners, LLC. Selling Office: Roopa Group.

Sold Price
$2,375,000
List Price
$2,250,000
Status
SOLD
MLS#
2207121
Closing Date
Apr 26, 2024
Days on Market
2
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
5,368
Area Total SqFt
5368
Annual Tax Ammount
21073
Lot Size (sq ft)
12,108
Sewer
Sewer Connected

Property Description

Built in 2007, and available for sale for the first time since completion of development, Trailside Townhomes offers an extremely rare investment opportunity to purchase a trophy asset in a leading Eastside submarket. 4 purpose-built Townhomes, each featuring 3 beds & 2.5 baths and roughly 1,342 SF. Each unit has an attached, private 2-car garage, open floor concept, primary suite and private fenced backyard. Perfect opportunity for owner/occupant or investor with immediate rental upside. Each unit has a separate tax parcel, allowing for total flexibility. Trailside is located near Bothell, Woodinville and Wine Country. Extremely high historic occupancy with minimal turnover. Northshore School District.

Additional Information

List Date
2024-04-24 00:00:00
Community
Bothell
Net Operating Income
$86,905
Gross Adjusted Income
$118,728
Gross Scheduled Income
$122,400
Total Monthly Income
$10,200
Insurance Expenses
$4,450
Gross Rent Multiplier
18.4
Total Expenses
$31,823
Cap Rate
3.86
Vacancy Rate
3
Total Number of Units
4
Unit Name
11015
Potential Terms
Cash Out
Year Built
2007
View
River
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio
Other Expenses
6300
Energy Source
Electric
School District
Northshore
Total Monthly Income
$10,200
Gross Scheduled Income
$122,400
Vacancy Rate
3
Gross Adjusted Income
$118,728
Tax Year
2024
Insurance Expense
$4,450
Total Expenses
$31,823
Net Operating Income
$86,905
Gross Rent Multiplier
18.4
Cap Rate
3.86
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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