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Listed by Urban Commercial Partners, LLC
$4,900,000
Est. payment /mo
19 Beds
17 Baths
11,876 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,876 sqft
Price per Sqft $412
Subdivision Beacon Hill
MLS Listing ID 2439327
Style 56 - 10+ Units
Bedrooms 19
Year Built 1968
Annual Tax Amount $35,492
Lot Size 6,000 Sqft
Lot Dimensions 120x50
Property Sub-Type Multi Family
Property Description
We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle's highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle's most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.
Location
State WA
County King
Area 385 - Sodo/Beacon Hill
Interior
Fireplace false
Exterior
Exterior Feature Brick, Wood Products
View Y/N No
Roof Type Flat
Building
Lot Description Alley, Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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