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Renton Apartment Buildings for Sale
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Apartment Buildings For Sale in Renton
Renton is a suburb of Seattle with established infrastructure and educational institutions, making it a suitable location for apartment buildings. With 2 listings available, investors and property managers have opportunities in a growing market. The city's transportation system, including bus services and the Renton Municipal Airport, provides connectivity for residents. Renton is close to educational centers like Renton Technical College and offers a range of K-12 options through the Renton School District, showing its focus on education. Renton is located by Lake Washington's shoreline and the Cedar River, providing a scenic environment.
Apartment buildings in Renton give residents access to downtown Seattle and job opportunities, with companies like Boeing nearby. With a population of over 100,000, the city has a strong community for multifamily dwellings. Retail spaces in Renton take advantage of the city’s commercial activity and are well-placed to draw consumers from local and surrounding areas, showing the city’s regional influence. Residential income properties are a unique investment that aligns with the city's diverse economy, and office spaces meet the needs of Renton’s expanding business community, offering modern workplaces in this connected city. Renton's real estate market is varied, meeting different business and lifestyle needs, with a strong educational presence and attractive geography.
Learn About Apartment Buildings For Sale in Renton
How many apartment building listings are available for sale in Renton?
Currently, there are 2 apartment building listings available for sale in Renton.
What factors should I consider when searching for apartment buildings for sale in Renton?
When evaluating apartment buildings for sale in Renton, it's crucial to assess the following:
- Current rental market trends in the area, including average rental rates and occupancy levels.
- The proximity to key amenities and transportation infrastructure that could appeal to potential renters.
- The condition and age of the building, including any recent renovations or required maintenance.
Why is Renton an ideal location for apartment building listings?
Renton offers a strategic position near Seattle with a significant population growth, and presence of major employers, contributing to a stable demand for apartment buildings among the 2 listings.
What is the largest apartment buildings listing available to buy in Renton?
The largest apartment buildings listing available for purchase in Renton spans 57,726 SF.
How much does it cost to buy an apartment building in Renton?
- The cost for an apartment building in Renton varies, but on average, the price per square foot is.
- Apartment buildings in Renton have an average size of 44,505 SF.
What is the average cap rate for apartment buildings in Renton?
The average capitalization rate for apartment buildings in Renton is.
- Capitalization rate, or cap rate, is a metric used to estimate the potential return on an investment property.
- Understanding the average cap rate helps investors compare property performance against other investments in the area.
- Apartment buildings in Renton offer a balanced investment opportunity given the city's growth and status as a suburb of Seattle.
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