1633 Melrose Ave | Seattle, WA 98122
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- LoopNet Team
1633 Melrose Ave
Seattle, WA 98122
The Sherwood Apartments · Multifamily Property For Sale
·
49 Units
Investment Highlights
- Value Add with an Unbeatable Location on Capitol Hill next to the CBD and a few Short blocks to the Amazon campus
- Upside with Rent and Rubs. Seller Financing and/or 1031 Opportunity Buyer to verify all information.
- Trophy Property by Architect George W. Lawton. Classic Charm that residents enjoy.
Property Facts
| No. Units | 49 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 37,992 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built | 1916 |
| Zoning | NC3P65 | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 37,992 SF |
| Average Occupancy | 96% |
| No. Stories | 5 |
| Year Built | 1916 |
| Zoning | NC3P65 |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | 290 - 500 |
| 1+1 | 16 | - | 650 - 753 |
| 2+1 | 5 | - | 900 - 925 |
Property Taxes
| Parcel Number | 066000-2565 | Improvements Assessment | $6,427,000 |
| Land Assessment | $4,255,000 | Total Assessment | $10,682,000 |
Property Taxes
Parcel Number
066000-2565
Land Assessment
$4,255,000
Improvements Assessment
$6,427,000
Total Assessment
$10,682,000
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