Map of Property

Apollo Apartments

For Sale

23601-23607 Highway 99, Edmonds, WA 98026

This Edmonds property for sale is located at 23601-23607 Highway 99. Contact the listing broker for details on the current sale price for Apollo Apartments. Apollo Apartments is situated on a lot that is 1.79 acre in size.

Contacts

broker
Jacob Odegard

Cushman & Wakefield

broker
Daniel Chhan

Cushman & Wakefield

broker
Timothy McKay

Cushman & Wakefield

broker
Matthew Kemper

Cushman & Wakefield

Property Details

  • Property Type Industrial
  • Property Size 272,876 SF
  • Lot Size 1.79 Acre
  • Year Built 1966
  • Date Updated May 8, 2025
Cushman & Wakefield Capital Markets is pleased to present an exclusive opportunity to acquire the Apollo Apartments, a fully permitted, 255 unit multifamily development site located in Edmonds, Washington, just north of Seattle. This development site offers an exceptional living environment, surrounded by natural beauty and featuring the renowned Edmonds Waterfront for dining and shopping. The city also stands out with a top-rated school district, low crime rates, and an absence of tenant protection laws. With a median household income of $96,775, this is a prime location for both residents and investors. This fully permitted site is ready to go vertical, with permits for 255 residential units, 17,000 square feet of amenities, and 224 parking spaces already in place. Notably, there is no requirement for commercial tenants, reducing risk and maximizing the available residential space. Furthermore, the development qualifies for a Multifamily Tax Exemption program, resulting in substantial tax savings. With easy access to freeways and public transportation, including the upcoming Mountlake Terrace Light Rail station, this property offers an exceptional opportunity just 15 miles from Downtown Seattle and Everett, and 18 miles from Downtown Bellevue.
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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 73/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Edmonds, WA
  • Zip Code 98026
  • Market Seattle

Points of Interest

  • Edmonds

    2.67 miles

  • NE 130th Street

    4.30 miles

  • Northgate

    5.70 miles

  • Brooklyn Avenue & 45th Street

    8.68 miles

  • U District

    8.70 miles

  • 43rd Street & Brooklyn Avenue

    8.74 miles

  • Chevron

    0.56 miles

  • 76

    0.57 miles

  • Costco Gasoline

    0.72 miles

  • Shell Express

    1.09 miles

  • Shell

    1.35 miles

  • Tesla Supercharger

    2.01 miles

  • EVgo Charging Station

    4.02 miles

  • Volta CCS

    4.31 miles

  • Blink

    4.58 miles

  • Electrify America

    4.76 miles

  • Quick and Kleen Brushless Carwash

    1.07 miles

  • Dr. Buff

    1.57 miles

  • ClearWater Carwash

    1.71 miles

  • Car Pool

    2.31 miles

  • Brown Bear Car Wash

    2.66 miles

  • U-Haul of Lynnwood

    3.10 miles

  • Keeboo Car Wash

    3.46 miles

  • Hertz

    3.55 miles

  • Enterprise

    3.78 miles

  • Car Wash Palace

    4.66 miles

  • Papa Murphy's

    0.05 miles

  • Family Pancake House

    0.08 miles

  • Subway

    0.15 miles

  • Teriyaki Way

    0.16 miles

  • Milkie Milkie

    0.17 miles

  • Hosoonyi

    0.19 miles

  • Pizza Hut

    0.19 miles

  • Dumpling Generation

    0.20 miles

  • Taco Time

    0.23 miles

  • Scott's Bar & Grill

    0.44 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Apollo Apartments
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