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.
| MLS # | 2555202 |
|---|---|
| Listing Type | For Sale |
| Building Name | Hanburys Sound View |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 42 |
| Listing Provided By | The Preview Group | Roy Gursli |
| SQ Feet | 14,870 |
|---|---|
| Garage | 3 |
| Story(s) | 2 |
| Units | 19 |
| Zoning | Multi-Family |
| Acreage | 0.67 |
| Property | 42747 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Edmonds |
| Zip Code | 98026 |
| Area | 730 Southwest Snohomish |
| Community Name | Edmonds |
| Listing VS Median (in Edmonds) | |
Price: $7,150,000 low | high Med: $775,000 sqft: 14,870 low | high Med: 2,284 $ / sqft: $481 low | high Med: $339 On site: 42 low | high Med: 7 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Edmonds |
| Zip Code | 98026 |
| Area | 730 Southwest Snohomish |
| Community Name | Edmonds |
| Listing VS Median (in Edmonds) | |
Price: $7,150,000 low | high Med: $775,000 sqft: 14,870 low | high Med: 2,284 $ / sqft: $481 low | high Med: $339 On site: 42 low | high Med: 7 | |