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Transit Oriented - 250 Units + retail
At the corner of the new 18 million Light Rail Station. Transit Oriented Development, only 20 minute ride to Downtown Seattle. Centralized location between Seattle & Tacoma
 
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Transit Oriented - 250 Units + retail - Photo one

FACILITIES
Property Type: Investment Property Property Site: City / Village
Country: UNITED STATES City: seatac
Zip Code: 98189 Region: Washington
Address: 15247 International Blvd Vacation Property (for rent): No
Construction Year:  Surface Area: 
Bedrooms: 0 Bathrooms: 0
 
DESCRIPTION
Transit Oriented - 250 Units + retail - Photo two The property is extremely well positioned for development of a new 12-story residential mid-rise building. The seller has secured a binding Development Agreement with the City of Seatac allowing the Developer the ability to apply for a building per immediately. Seatac Center has been designated by the City of Seatac as their premier gateway high density “urban village” property. Contributing greatly to the promise of the location is the brand new 18 million dollar Sound Transit Light Rail Station currently under construction with a completion date scheduled for 2009.
The Developer and Investor for this new offering will quickly realize that Seatac Center is one of the most unique and highly desirable locations to construct for the next cycle. With a proposed total of up to 250 new residential units plus ground floor retail/office, the project will serve to satisfy an increasing demand in the region for a high-quality and convenient mixed-use community that will be serviced by the regions new and only light
rail system.
The Puget Sound region is rated as the #1 best apartment market in the country for 2008 and beyond and rated a “top buy choice” by the Urban Land Institute. The economics of dramatically increasing rental rates (approximately 6 growth anticipated for 2008 and beyond), and the area’s increasing employment base allows the Developer an outstanding opportunity to capitalize on a rare large-scale development project.

 
FEATURES
 
Furnished:: No Dishwasher: No Alarm System: No
Washing Machine: No Hotwater: No Office Room: No
Linnen Supplied: No Pet Friendly: No Tennis Court: No
Balcony: No Gym/Sauna: No Terrace:
Telephone: No Garage: No CableTV/Sat: No
Ocean View: No Lake View: No Mountain View: No
Ocean Front: No Lake Front: No Cellars: No
Swimming Pool: Private No
Public No 		Garden: PrivateNo
Public No 		Parking: Private
Public
 
 
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This Property Is For Sale
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Sales Price: 6725000 American Dollars



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