SeaTac Hard Money Loans
Intrust Funding is a SeaTac commercial hard money lender providing rehab loans to investors in King County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Named for its location between Seattle and Tacoma, SeaTac is a bustling city with a population of over 29,000. Home to the Seattle-Tacoma International Airport, the city’s economy is significantly influenced by the transportation industry. This, combined with its affordable housing and excellent transport links, makes SeaTac a prime location for real estate investment. From commercial properties in bustling districts to residential properties in quiet neighborhoods, SeaTac offers a range of investment opportunities catering to a diverse demographic.
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A Real Estate Investor’s Guide to SeaTac
SeaTac is a city in southern King County, Washington, United States. The city is an inner-ring suburb of Seattle and part of the Seattle metropolitan area. The name “SeaTac” is derived from the Seattle–Tacoma International Airport, itself a portmanteau of Seattle and Tacoma.
The city of SeaTac is 10 square miles in area and has a population of 31,454 according to the 2020 census. The city boundaries surround the Seattle–Tacoma International Airport (approximately 3 square miles in area), which is owned and operated by the Port of Seattle. The city includes the communities of Angle Lake, Bow Lake, McMicken Heights and Riverton Heights, which were established before the city’s incorporation.
With over 2 million people, King County is the largest county in Washington state and the 12th largest in the United States. Home to Seattle, Bellevue, and Tacoma, it was originally named after Alabama resident and Vice President William R. King, but in 1986 changed its namesake to Martin Luther King Jr. King County is nearly twice the land area of the state of Rhode Island, and is home to the Cascade Range, Issaquah Alps, Mount Si, 17 rivers, 9 major highways, 4 islands, the Snoqualmie National Forest, and the Klondike Gold Rush National Historical Park.
SeaTac has an unemployment rate of 9.5%. The US average is 6.0%.
SeaTac has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
SeaTac is served by three major highways: State Route 99 (International Boulevard), State Route 518, and the Airport Expressway. Portions of Interstate 5 and State Route 509 also lie within the city limits.
The city is served by the Seattle–Tacoma International Airport, located within city limits.
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