Log In/Sign Up
110 Vine St
Seattle, WA 98121
The New Pacific Apartments · Multifamily Property For Sale
·
42 Units
Investment Highlights
- Excellent Belltown corner-lot location blocks to Seattle's multi-million-dollar waterfront redevelopment
- Likely 30% down payment with local bank financing, producing a 6%+ cash-on-cash return
- Updated electrical system, and updated dual-pane wood and vinyl windows
- Property anchored by Black Bottle – a popular restaurant for the last 15 years – as well as Some Random Bar
- Current cap rate of 6.8% based on actual 2022 year to date income annualized
- 41 shared-bath studio units and 1 one-bedroom unit over 2 retail spaces
Property Facts
| No. Units | 42 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 26,640 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1903 |
| Building Class | C | ||
| Zoning | DMR/R 145/65 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 26,640 SF |
| No. Stories | 3 |
| Year Built | 1903 |
| Zoning | DMR/R 145/65 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Maid Service
- On-Site Retail
- Vintage Building
- Bicycle Storage
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 41 | $907.00 | 174 |
| 1+1 | 1 | $1,400 | 360 |
Property Taxes
| Parcel Number | 065400-0085 | Improvements Assessment | $531,500 |
| Land Assessment | $4,329,000 | Total Assessment | $4,860,500 |
Property Taxes
Parcel Number
065400-0085
Land Assessment
$4,329,000
Improvements Assessment
$531,500
Total Assessment
$4,860,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
