12000 15th Ave NE - Apartments FOR SALE


Seattle, WA 98125- Lake City
$14,850,000 USD
206-566-9600
12000 15th Ave NE, Seattle, WA for Sale
$14,850,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

12000 15th Ave NE
Seattle, WA 98125
Lake City


HIGHLIGHTS

  • Unbeatable Location – Close to Northgate Station, University of Washington, shopping, dining, and entertainment
  • Transit-Oriented Investment – Steps from major bus lines and minutes to the Northgate Light Rail Station, ensuring seamless connectivity to downtown S
  • Stable Occupancy & Strong Cash Flow – Consistent rental demand from students, professionals, and families
  • Turnkey Investment – Well-maintained property with minimal capital improvements needed

OVERVIEW

An outstanding mixed-use multifamily investment in a rapidly growing Seattle neighborhood! This well-maintained property features 39 apartment units and 3 retail spaces, offering a strong and diversified income stream in a high-demand rental market.

FOR SALE DETAILS

PRICE

$14,850,000 USD

PRICE/SF

$516 USD /SF

# OF UNITS

42

PRICE/UNIT

$353,571

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raleigh Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2000

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,401 SF

ZONING

LR3 RC

APN/PARCEL ID

679810-0830

ASK ABOUT THIS PROPERTY

Mandy WuThe Preview GroupMore Info
206-566-9600

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

Mandy WuThe Preview GroupMore Info
206-566-9600

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