19618 -19628 68th Avenue W, Lynnwood, WA 98036 (MLS # 2396882)
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Listing provided courtesy of Northwest MLS; Paragon Real Estate Advisors
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The Chrimar Apartments is a unique value add multifamily investment opportunity in the thriving Lynnwood market. This 31-unit property offers investors immediate operational upside with the opportunity to increase rents and reposition the asset. The building consists of 31 units made up of 4 one bedroom/one bath units, 25 two bedroom/two bath units, 1 three bedroom/1 bath unit and 1 three bedroom/one and a half bath townhouse unit. 5 of the units have recently been turned over and are in the process of lease up. The property features a large common laundry room for the tenant's convenience. Additionally, there is a RUBS system currently in place for ownership reimbursement of utility costs.
| LAST UPDATED | 6/24/2025 | TRACT | Lynnwood |
|---|---|---|---|
| YEAR BUILT | 1962 | COMMUNITY | Lynnwood |
| COUNTY | Snohomish | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 730 - Southwest Snohomish |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 1.41 acre(s) |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Lynnwood |
| TAXES | 50566 |
| UTILITIES | Sewer Connected |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/28/25 8:29 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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