1512 12th Ave S - Apartments FOR SALE


Seattle, WA 98144- North Beacon Hill
$1,900,000 USD
206-623-8880
1512 12th Ave S, Seattle, WA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/21
null | 5.22% Cap Rate

1512 12th Ave S
Seattle, WA 98144
North Beacon Hill


HIGHLIGHTS

  • 2024 construction
  • 6 of 7 units are rented
  • 7 Units – 1 - 3BD/1BTH, 2 - 1BD/1BTH, 4 - SEDU units
  • Covered and secure garage
  • In-unit washer and dryer
  • Minutes from Downtown Seattle, Lumen Field, and T-Mobile Park

OVERVIEW

Paragon Real Estate Advisors is excited to announce the exclusive listing of the Beacon Hill 7-Unit, a turnkey 2024 construction building on the northern point of Beacon Hill. 6 of the 7 units are currently rented and the building features a unique mix of units: one 3-bedroom/1-bath unit with ADA accessibility and an attached secure garage, two 1-bedroom/1-bath units, and four Loft style SEDU units. Each unit is designed with LVP flooring, quartz countertops, stainless steel appliances, dishwashers, and high-end kitchen and bathroom vanities. In addition, the units feature air conditioning units, washers/dryers and lots of abundant nature light enhancing the tenants living experience while also provide an investor the opportunity to own highly desirable apartment units. Located less than 2 miles from Downtown Seattle, Lumen Field, and T-Mobile Park, the property offers easy access to I-5, I-90, and boasts a transit score of 85, making it ideal for commuting tenants.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$563 USD /SF

# OF UNITS

7

PRICE/UNIT

$271,429

CAP RATE

5.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beacon Hill 7-Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,497 SF

ZONING

LR3 (M)

APN/PARCEL ID

766010-0240

ASK ABOUT THIS PROPERTY

Brian PlattParagon Real Estate AdvisorsMore Info
206-623-8880

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Brian PlattParagon Real Estate AdvisorsMore Info
206-623-8880

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