12348 33rd Ave NE | Seattle, WA 98125
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- LoopNet Team
12348 33rd Ave NE
Seattle, WA 98125
Woodhaven Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- SELLER FINANCING TERMS - $600k down payment, 5% IO for years 1-2 & 5.5% IO for years 3-5 years, 5 year term
- 9.1% market cash-on-cash return
- 5 – 1BD/1BTH and 3 – 2BD/1BTH units
- Current 5.4% cash-on-cash return
- Vaulted ceilings
- 8 storage lockers and 12 parking spots
Property Facts
| No. Units | 8 | Building Size | 5,875 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LR3 (M) | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,875 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1967 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | LR3 (M) |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,580 | 665 |
| 2+1 | 3 | $1,760 | 850 |
Property Taxes
| Parcel Number | 882290-0025 | Improvements Assessment | $923,000 |
| Land Assessment | $627,000 | Total Assessment | $1,550,000 |
Property Taxes
Parcel Number
882290-0025
Land Assessment
$627,000
Improvements Assessment
$923,000
Total Assessment
$1,550,000
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