6737 16th Ave NW - Apartments FOR SALE


Seattle, WA 98117- Loyal Heights
$1,495,000 USD
206-505-9400
6737 16th Ave NW, Seattle, WA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/12
null | 3.78% Cap Rate

6737 16th Ave NW
Seattle, WA 98117
Loyal Heights


HIGHLIGHTS

  • Seller Financing Available
  • A+ Ballard Location
  • Significant Value-Add Opportunity and Ability to Raise Rents
  • First Time on Market in 30+ Years

OVERVIEW

SELLER FINANCING AVAILABLE. Ballard 6 is a true gem situated in an enviable location, just a few blocks from Ballard High School. Built in 1911, the Ballard 6 features five charming one-bedroom, one-bath units and one cozy studio. Available for the first time in over thirty years, it represents a rare investment opportunity. Located in Ballard, one of Seattle’s most desirable neighborhoods, the property benefits from the area’s vibrant mix of trendy restaurants, eclectic shops, lively bars, and craft breweries, all centered around historic Ballard Avenue.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$457 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

3.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,100 SF

ZONING

NR3

APN/PARCEL ID

751850-1530

ASK ABOUT THIS PROPERTY

Matthew MoloneyWestlake Associates, Inc.More Info
206-505-9400

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Matthew MoloneyWestlake Associates, Inc.More Info
206-505-9400

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