2414 13th Ave S - Apartments FOR SALE


Seattle, WA 98144
$5,000,000 USD
206-735-7888
2414 13th Ave S, Seattle, WA for Sale
$5,000,000 USD
Apartments - FOR SALE
1/17
null | 5.45% Cap Rate

2414 13th Ave S
Seattle, WA 98144


OVERVIEW

100% occupied 17-unit in North Beacon Hill. 5-minute walk from Beacon Hill Light Rail Station. The property is offered for sale individually or as a portfolio combined with Beacon Flats and Westward Apartments. Current NOI is $272,632 with in-place Cap Rate of 5.5%. Income upside, rents slightly under market standard.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

17

PRICE/UNIT

$294,118

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beacon View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1968

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

LR3

APN/PARCEL ID

912200-0230,912200-0235

ASK ABOUT THIS PROPERTY

Jason ElrodUrban Commercial Partners, LLCMore Info
206-735-7888

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Jason ElrodUrban Commercial Partners, LLCMore Info
206-735-7888

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