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Ardivus Brivity

Sooper Dooper Guy | Template Draper

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8509 244th St SW , Edmonds, WA 98026
$7,150,000
Est. Payment: $35,936.39/mo
35 Bed
22 Bath
14870 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Ardivus Brivity
Sooper Dooper Guy

House Description

The Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential community offers investors the rare chance to acquire a newly constructed property in one of the Puget Sound's most coveted and supply-constrained submarkets. The property sits on approximately one acre of land (51,000+ square feet) zoned for multifamily use, providing long-term flexibility and redevelopment potential in a rapidly growing suburban environment. The Nyland Apartments feature spacious units averaging 783 square feet with high-end interior finishes including: stainless steel appliances, granite countertops, vinyl flooring, and marble-inspired surfaces throughout. Residents benefit from modern living amenities such as air conditioning, in-unit washer and dryer, walk-in closets, and private patios or balconies compelling opportunity for investment.

Highlights

Listed by Roy Gursli , 425-488-6000 The Preview Group , 425-488-6000. Northwest Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.67

Year Built

2021

County

Snohomish

Area

730 - Southwest Snohomish

Neighborhood

Edmonds

School District

Edmonds

Listing ID

2555202

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:35
  • Bathrooms:22
  • Full Bathrooms:
Air Cond:Ductless
Fireplaces:
Floor:Laminate,Vinyl Plank,Carpet
Other:Olympic Water & Service

Exterior Features

Lot:Paved,Cable TV,Deck,Electric Car Charging,Fenced-Partially,Patio,Sprinkler System,Zoning: Multi-Family
Garage Capacity:30
Zoning:Multi-Family
Roof:Composition
Others:Cement Planked,Wood Products
Sewer:Olympic Water & Service
Principal Interest
$35,936
Taxes
$3,562

Home Price

$7,150,000

Loan Details

30 yrs
6.442%

Down Payment

20%
$1,430,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$35,936.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $35,936.39 $3,562.25 $0.00 $39,498.64
Yearly $431,236.62 $42,747.00 $0.00 $473,983.62
Total $12,937,098.70 $1,282,410.00 $0.00 $14,219,508.70
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Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Edmonds, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated: 2026-07-22T12:51:12.000Z

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