Listed by Michael Urquhart of Paragon Real Estate Advisors

Listing Sold by Skyline Properties - Bellevue
This 11-unit building presents the opportunity to acquire an in-place 6.5% current cap rate with operational up-side to reach a 6.8% proforma cap rate. The Buyer will further have the opportunity to assume the existing loan with an approximate balance of $1,155,000 at a 5% interest rate fixed until January 2031. The Vashon Vue consists of four classic and four renovated 1-bedroom/1-bathroom units, each 620 square feet, along with two classic and one renovated 2-bedroom/1-bathroom units, each 780 square feet. The renovated units feature LVP flooring, formica countertops, stainless steel appliances, and a tasteful vanity package for the bathrooms.

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Property Details of 22805 30th Avenue S

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Listing data courtesy of NWMLS as provided by MLS Grid as of June 27, 2026 9:30 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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