10335 Midvale Ave - Apartments FOR SALE


Seattle, WA 98133- North College Park
$1,525,000 USD
206-812-9119
10335 Midvale Ave, Seattle, WA for Sale
$1,525,000 USD
Apartments - FOR SALE
1/21
null | 4.95% Cap Rate

10335 Midvale Ave
Seattle, WA 98133
North College Park


HIGHLIGHTS

  • Built in 1996: modern systems and floorplans
  • Immediate upside in rental income in current condition
  • Easy to manage with low historic vacancy
  • In-unit washer/dryers in all apartments
  • 8+ off-street parking stalls (8 open and 1 covered carport)
  • Large units averaging 938 SqFt

OVERVIEW

The Midvale Apartments offer an investor the opportunity to acquire a stable, well-maintained property with immediate income upside in a location that is convenient and ripe for growth. Built in 1996, the building features newer systems and large, moderns floorplans with complete appliance packages and in-unit washer/dryers. The building features (4) 2bd/1.5bth two-story “townhouse” units, (1) 2bd/1bth, and (1) 1bd/1bth unit. Additional amenities include secure, intercom access, private balconies/patios in all units and convenient off-street parking.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

6

PRICE/UNIT

$254,167

CAP RATE

4.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1996

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,820 SF

ZONING

LR3

APN/PARCEL ID

630050-0120

ASK ABOUT THIS PROPERTY

Ryan IlesParagon Real Estate AdvisorsMore Info
206-812-9119

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Ryan IlesParagon Real Estate AdvisorsMore Info
206-812-9119

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.