Listing courtesy of NWMLS / Lee & Associates Commercial RE

2820 75th Place SE
Mercer Island, WA 98040

  • – beds
  • – baths
  • 7,976 sqft
  • 13,900 sqft lot
  • $507 per sqft
  • 1959 build
  • on site

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Island Lanai Apts features 9 2-bed units, including 1 penthouse suite. Built in 1959, this well-maintained building has received updates to systems and units. The building features off street parking for 11 vehicles, storage lockers for each unit and a common laundry are provided on-site. This building has enjoyed very stable occupancy and even more so now with increased demand for two-bedroom units. Within Mercer Island’s Town Center, the property is blocks from both retail and I-90 access ramps. Residents enjoy walkability to amenities and connectivity to both Seattle & Bellevue employers. Island Lanai presents investors a rare opportunity to own a stabile a pride of ownership asset in the coveted 98040.

Listing courtesy of NWMLS / Lee & Associates Commercial RE

Last checked: Checking… • Last updated May 11, 2023 •

MLS# 1736207 —

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Sale history

Date Event Source Price % Change
4/21/21
Sold NWMLS $4,050,000 11.0%
3/31/21
Pending NWMLS $3,650,000
3/2/21
Listed / Active NWMLS $3,650,000

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Multifamily Sold on 4/21/2021

$4,050,000

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Listing courtesy of NWMLS / Lee & Associates Commercial RE

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Disclaimer: The information contained in this listing has not been verified by Lee & Associates Commercial RE and should be verified by the buyer.

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