Apollo Apartments

23601-23607 Highway 99, Edmonds, WA 98026

  • For Sale Contact for pricing
  • Property Type Industrial
  • Property Size 272,876 SF
  • Lot Size 1.79 Acre
  • Year Built 1966
  • Date Updated May 6, 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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Contacts

broker

Cushman & Wakefield

broker

Cushman & Wakefield

broker

Cushman & Wakefield

broker

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable
  • Transit Score ®

    46/100 Some Transit
  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Edmonds, WA
  • Zip Code 98026
  • Market Seattle

Points of Interest

  • Edmonds

    2.68 miles

  • NE 130th Street

    4.29 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

    0.55 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

  • Edmonds Lutheran Church Park and Ride

    0.17 miles

  • United Presbyterian Church of Seattle Park and Ride

    0.31 miles

  • Mathay-Ballinger Park

    0.34 miles

  • Ballinger Park Parking

    0.66 miles

  • Aurora Village Transit Center Park & Ride

    0.69 miles

  • Mountlake Terrace Transit Center

    1.24 miles

  • Shoreline Park & Ride

    1.26 miles

  • Mountlake Terrace Park & Ride

    1.27 miles

  • 76th Ave W & 216th St SW

    1.27 miles

  • Edmonds Park and Ride

    1.51 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

  • Safeway

    0.10 miles

  • TJ Maxx

    0.11 miles

  • Boo Han Oriental Market

    0.63 miles

  • 99 Ranch Market

    0.79 miles

  • WinCo Foods

    1.17 miles

  • PCC Puget Consumer Co-Op

    1.22 miles

  • QFC

    1.27 miles

  • Village Market Thriftway

    1.57 miles

  • Fred Meyer

    1.59 miles

  • Trader Joe's

    2.07 miles

  • Community Health Center

    0.25 miles

  • Highland Pharmacy

    0.64 miles

  • Joo Clinic

    0.64 miles

  • Costco Pharmacy

    0.67 miles

  • Rite Aid

    0.75 miles

  • Gribbin Chiropractic

    1.08 miles

  • Zoom+ care

    1.08 miles

  • Walgreens

    1.14 miles

  • Bartell Drugs

    1.24 miles

  • Swedish Radia Imaging Center

    1.27 miles

Frequently Asked Questions

How much does Apollo Apartments cost?

The sale price for Apollo Apartments is available upon request. Contact the listing broker for more information.

What is the total square footage of Apollo Apartments?

Apollo Apartments totals 272,876 square feet.

When was this property built?

Apollo Apartments was built in 1966.

Looking for more in-depth information on this property?

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