3201 S 208th Street, SeaTac, WA 98198

$1,910,000
10,860
SqFt

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Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

Sold Price
$1,910,000
List Price
$2,100,000
Status
SOLD
MLS#
2488410
Closing Date
Jun 30, 2026
Days on Market
11
Style
56 - 10+ Units
Finished SqFt
10,860
Area Total SqFt
10860
Annual Tax Ammount
26705
Lot Size (sq ft)
27,000
Sewer
Sewer Connected

Property Description

Built in 1979, the Contrail Vista consists of three fourplex buildings sitting on a 27,000 square foot lot. All the units are spacious (905 square foot) two-bedroom/one-bathroom floorplans and feature in-unit laundry and a complete kitchen appliance package. Units also feature fireplaces and private balconies/patios. Residents enjoy ample off-street parking with approximately 31 total surface stalls. The property is well positioned in a transit-oriented community with quick access to the nearby Angle Lake light rail station, major freeways, public transportation and the Sea Tac airport. Residents enjoy quick access to surrounding cities and nearby amenities and shopping destinations such as Soutcenter, and Kent Station.

Additional Information

List Date
2026-06-19 00:00:00
Community
SeaTac
Net Operating Income
$91,474
Gross Adjusted Income
$188,580
Gross Scheduled Income
$194,412
Total Monthly Income
$16,201
Insurance Expenses
$12,097
Water/Sewer/Garbage Expenses
$31,053
Gross Rent Multiplier
10.8
Total Expenses
$97,106
Cap Rate
4.36
Vacancy Rate
3
Total Number of Units
12
Unit Name
3201
Potential Terms
Cash, Conventional
Year Built
1979
Roof
Composition
Other Expenses
27251
Energy Source
Electric
School District
Highline
Total Monthly Income
$16,201
Gross Scheduled Income
$194,412
Vacancy Rate
3
Gross Adjusted Income
$188,580
Tax Year
2025
Insurance Expense
$12,097
W/S/G Expenses
$31,053
Total Expenses
$97,106
Net Operating Income
$91,474
Gross Rent Multiplier
10.8
Cap Rate
4.36
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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