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 Bruce Rawlinson, Managing Broker
 Investment & Commercial Services

 

Windermere Real Estate/SBA, Inc.

13901 NE 175th St., #100

Woodinville, WA 98072

 

Bruce is a proven commercial property specialist capable in leasing, sales and financing transactions. Bruce’s commercial real estate experience includes sophisticated investment real estate sales, corporate property acquisitions and financing as well as apartment, office, retail and industrial leasing, building and land sales. He is experienced in representing institutional and private property owners, investors, and lenders.

 

Call Bruce direct at 206-999-3053
Email at BruceR@Windermere.com


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Apartment Capital Expense Spreadsheet


Free worksheet is designed to look at upcoming capital costs over a shorter time frame over a maximum of 10 years. This enables you to take a serious look at the near-term capital requirements for your property and develop a funding program out of cash flow to meet them.

 

 

Click on spreadsheet image photo above or "Apartment Capital Expense Spreadsheet" at left.


 

Apt/Office Development Land (21 Units); Bothell, WA

$710,000

Suburban development parcel nearby CBD location fronting on Bothell Way NE (SR 527, Bothell-Everett Hwy). Dual RM2800/OP zoning allows prof. offices and apt/condo uses. One of the last developable office zoned parcels near the CBD. Excellent access to freeway corridors and civic and commercial services. The City's Bothell Landing downtown revitaliztion project is now changing the face of Bothell.

 

AVAILABLE NOW!

 

Click on "Bothell Land" photo above for aerial photos & information.


 

University Arms Apts (21 Units); Seattle, Washington

$2,925,000

City apartment building located near the University of Washington consisting mostly of one bedroom, one bath units. 95% occupied at sale with upside potential in the rents following cosmetic rehab. As listing agent, represented a partnership wishing to divest of assets. Marketed & directly sourced the buyer. Closed at 95% of asking price at sub-5% cap rate.

 

 

Click on "University Arms" photo above for another view.


 

Castle Ridge Apts (24 Units); Lynnwood, Washington

$1,300,000

24 Unit city apartment building located near Fred Meyer in Lynnwood. It consists mostly of very large one and two bedroom, one bath units and three bedroom, one and one-half bath units. This property was suitable for an experience apartment investor and requiried substantial renovation. Most of the units needed carpet, appliances, cabinetry, fixturing and general repairs. It was only 46% occupied at sale. As listing agent, represented an individual owner wishing to cash out. Marketed & directly sourced two offers. The buyer donated the property to a charitable organization which converted the complex into a home for persons in need. Sold at a 7% cap. rate based on market rents after rehab.

 

Click on "Castle Ridge" photo above for another view.


 

Office Zoned Land (38,016 SF) Woodinville, Washington

$1,489,000

Suburban Office development parcel located at the southern portal of the Woodinville, Washington CBD near the intersection of two major city arterials. Zoned "O" for office purposes the site offers a distinctive, high quality location for development and is one of the last developable office zoned parcels near the CBD. The location offers excellent proximity to freeway transportaiton corridors and civic and commercial services.

 

 

Click on "Woodinville Office Land" photo above for full particulars.


 

Free Standing Restaurant (3,526 SF); Woodinville, Washington

 

A fully remodeled, 125 seat freestanding restaurant building (2002) is situated in a grocery-drug anchored neighborhood shopping center the heart of downtown Woodinville, Washington. The location is prime for a higher end restaurant catering to lunch and dinner patrons.  Outstanding demographics with Woodinville (98072) average household income above $100,000 (2000 Census)

 

 

Click on "Free Standing Restaurant" photo above for full particulars.