1214 N 137th St - Apartments FOR SALE


Seattle, WA 98133
$2,950,000 USD
206-491-2008
1214 N 137th St, Seattle, WA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/10
null | 5.4% Cap Rate

1214 N 137th St
Seattle, WA 98133


HIGHLIGHTS

  • Nearly 1 million SF of office space for 2,500+ workers

OVERVIEW

$126 below market rate; deeper cosmetic renovation would allow new owner to achieve additional monthly rental premiums IDEAL UNIT MIX 12 one- and two-bedroom units averaging 754 square feet; amenities include fireplaces, balconies, common laundry, and 1:1 parking ratio with 8 covered and 4 surface spaces PIVOT POINT LOCATION Situated in between Highway 99 and Interstate 5, offering convenient access to the region’s major employment centers PROXIMITY TO MAJOR EMPLOYERS Straight drive up or down Interstate 5 to University of Washington, Amazon, Boeing, Google, Apple, Expedia, and Meta, among many others

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

12

PRICE/UNIT

$245,833

CAP RATE

5.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dynasty Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1988

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,747 SF

ZONING

L-2, Seattle

APN/PARCEL ID

614970-0175

ASK ABOUT THIS PROPERTY

Chad BlenzBerkadiaMore Info
206-491-2008

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Chad BlenzBerkadiaMore Info
206-491-2008

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